FX & CFD trading involves significant risk
Comments: rate tries to recover with strong resistance remains at $1.6260 (50% Fibo of $1.6440 - $1.6080 decline). Clear break above $1.6260 opens the way up to $1.6300 (61.8%). Further band of resistance is around $1.6380 (recent highs). Minor support is around $1.6180, then - at $1.6120. Stronger support remains near $1.6080 (Jun 16 lows).
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