Main scenario:
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.6250, which will be followed by moving down to support level 1.6170 and then to 1.6100.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6324, which will be followed by moving up to resistance level 1.6430.
The pair is trading along an sideways trend.
An downtrend will start as soon, as the pair drops below support level 1.6250, which will be followed by moving down to support level 1.6170 and then to 1.6100.
Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1.6324, which will be followed by moving up to resistance level 1.6430.
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