USD is currently trading below its daily pivot line 110.54. . Unless there's a clear bullish breach above this pivot line with a big green candle, I expect further decline towards 107.4 and even a breakout below. On the 4 hour chart above, I'm waiting for a clear breakout below the short term support line 109.73 to confirm the continuation of this bearish rally towards 107.4. My advice, look for sell positions towards 107.4.
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