USD is currently trading below it's daily pivot line 109.6. Unless there's a clear bullish breach above this pivot line, I expect more volatility to the lower side towards 108.87, and a possible breakout to the lower side. This is likely due to the upcoming UK Elections, and although the outcome of this election will have a major impact on the market, if you're not at par with fundamental trading, its better to remain flat. That said, I expect major key support and resistance lines to be broken and will be trading towards the direction of the breakouts.
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