Yesterday's rally after breaking previous resistance at 1.3704 signals recent upmove is still in progress and may extend further gain to 1.3790-95 (61.8% projection of 1.3472-1.3704 measuring from 1.3651), however, loss of upward momentum should prevent sharp move beyond 1.3805-10 (61.8% projection of 1.3105-1.3646 measuring from 1.3472) and reckon 1.3850-60
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