The outlook for the next week is bearish
The rebound from 1.5026 should have completed and fall from 1.5929 is possibly resuming. Initial outlook for this week remains on the downside for 1.5026. Break will confirm this bearish case and would target 1.4565 low. Before that, the price may experience another rebound from the support at January 3rd's low 1.49469 to the minor resistance @ 1.5135. Above 1.5135 minor resistance will turn outlook neutral and bring consolidations
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