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Now it seems tilted in favor of bearish traders and follow-through selling below 50-day SMA will reinforce the negative outlook, turning the pair vulnerable to aim towards testing sub-1.1300 level with some intermediate support near the 1.1380-55 area. On the flip side, attempted recovery moves might now confront some fresh supply near the 1.1425-30 region, which if cleared could assist the pair to head back towards reclaiming the 1.1500 handle
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