The bearish direction is still dominating the trades of the pair for short-term and intraday
levels and as it is noticed, the pair is moving below the bearish trendline expecting more
declining but with the probability of rising the pair through the intraday levels of today to retest the resistance level 1.4160 then it will continue declining targeting the support level
1.3990 during today's intraday levels.
The stability of these speculations requires the stability of the resistance level 1.4160.
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