Long until we see any signs of rejection at the 50 EMA and or the 0.618 fib level. If we have a break out expect a price extension up to 0.6950 to 0.7000. A break above 0.6837 will open the door to 0.6948. A rejection of this same level will open up the downside to 0.66050 Our bias will remain short once price reaches and rejects 0.6837.
Chart PatternsTechnical IndicatorsTrend Analysis

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