The euro versus dollar pair moved as expected to the downside, touching 1.4585, where the pair is expected to reverse from upwards by building its base on it. Our morning expectations remain intact, while we wait for the achievement of the first target at 1.4685, opening the way to target levels 1.5000. It is vital for 1.4360 to remain intact for the expected upside move today to prevail.
The trading range for today is among the key support at 1.4330 and the key resistance at 1.4865.
The general trend is to the downside as far as 1.4725 remains intact with targets at 1.2120.
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