Potential sell trade if 1.70 support does not hold. Target to 1.60 then 1.55 first. Has been trading above the 1.70 support level for more than a year already and it is nearing is again with low today at 1.71 currently. Buyers are stacked there at the moment but more downside if they get taken out eventually. Watch for sell opportunity if market weakens and support breaks
Stop loss at 1.72 for Short positions on breakdown.
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