we can see that for this week the market failed to rally back to the peak at 1.4446 and instead tried to go further down, but found support at the 1.4080 region, i would see that the current situation is from neutral to slight bearish with support seen at 1.4050 to 1.4000 region and resistance at the 1.4300 to 1.4350 area. Bearish momentum might continue if we see the pair failed at the 1.4350 area again next week and that the support at 1.4000 gives way. Further up move must see clear break above the 1.4446 resistance.
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