The daily line shows a bearish structure and a bearish head and shoulders pattern on the 4-hour chart; the current downtrend seems likely to continue.
Potential support levels to watch: $1.610, $1.5550, $1.400, $1.300.
Conditions for bullish recovery: The daily line must close above $2.010 or even $2.100 to reignite bullish momentum!
Trading reminder: Trade cautiously, good luck!
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