FX & CFD trading involves significant risk
Comments: Rate failed to break above the resistance at $1.6325 (38.2% Fibo of yesterday's decline). Above the target is at $1.6380 (61.8% of the same move). Stronger level - at $1.6480 (Monday's high). Support is near $1.6230/40 (yesterday's lows). Below losses may widen to $1.6210 (38.2% Fibo of $1.5780-$1.6480 move) and then - to $1.6120 (50%).
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