USD is trading below it's daily pivot line 111.41. Unless this pivot line is clearly breached to the upper side with a big green candle, I expect a decline in price towards the support line 111.63. Any breakout below this support line will mean waiting for a pullback to the just broken line to short USD towards 109.55. A rejection from 110.63 will call for long positions with a take profit not higher than 112.02. On the 4 hour chart, conservative traders can wait and buy USD around 110.63.
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