Recently, USD dropped almost 300 pips and could drop further. Unless there's a clear bullish breakout above 111.01, I expect a positive move to the lower side towards 109.55 and may extend lower. On the 4 Hour chart above, sell positions can be recommended but only only up to 108.85. A breakout below this support will push the price further downward. My advice, short USD now towards 108.85
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