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Strong bearish signal expected on close below daily cloud / Fibo support at 1.3163/55 - Windsor Blog
The pair extends weakness and is on track for close below cracked Fibo support at 1.3155 (Fibo 61.8% of 1.3015/1.3382) and below daily cloud base (1.3163) as bears regain control after Monday’s strong downside rejection and failure to close below cloud base. Bearish daily studies are supportive for further weakness, as deeply oversold stochastic continues …