After a rejection from the monthly resistance line 1.1993, Eur continues to drop in price and and even went below the support line 1.1725. I expect further decline in price towards 1.1465, where I'll be looking for a buy position. If the price descend below 1.1465, then I expect further drop in price towards 1.0500 or even lower. As it is, either remain flat, or look for a short position towards 1.1465. If the price is rejected from 1.1465, then I'll be looking for a long position towards 1.2468
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