The pair continues to correct from the level of 1,1509 where the previous expectations remain unchanged without losing sight of the possibility of a strong rally to higher levels towards the level of 1,1820 and 1,1996 ,where they are expected to form strong resistance levels prevent the price from returning to previous levels at 1,2550.
In the case of a decline and break the low level of 1,1620 may return at a price to the level of 1,1509.
The break of this important level may return at a price to the level of 1,1450 level of 50 percent of the Fibonacci correction from 1,0340 to 1,2550 and then to the level of 11,1190 61 percent .
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