FX & CFD trading involves significant risk
Resistance 1: $1.6460
Current price: $1.6308
Support 1: $1.6250
Support 2: $1.6200
Support 3: $1.6160
Comments: Rate consolidates after yesterday's fall. Strong resistance is around $1.6460 (61.8% Fibo of decline from Aug 19 high). Back above will target $1.6570 (Aug 12 high). Stronger resistance comes at $1.6620 (Aug 19 high). Minor support is near $1.6250 (Aug 30 base), stronger - at $1.6200/10 (Aug 26 lows). Below losses may widen to $1.6160 (Aug 12 lows).
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