Recently, USD dropped almost 100 pips after a rejection from the resistance 110.67 and could still fall. On the 4 Hour chart above, an upward rally can be seen; this is just but a pullback. If you went short following the second rejection from 110.67, leave this position open with your take profit still intact at 109.15. Only a clear bullish breach above 110.67 may push the price further upwards.
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