The greenback opened lower after breaking previous support at 98.27 on Friday and previous support at 97.86 was also penetrated, suggesting the decline from 100.62 top is still in progress an may extend further weakness to 97.40 (1.236 times projection of 99.68-98.27 measuring from 99.14), then towards 97.20 but reckon oversold condition should limit downside to 96.92
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