Remains in a short-term downtrend from 1.6019, 22 Apr all-time high, with loss of 1.5710/28 and 1.5511 support, triggering losses to 1.5432 on 01 May. Consolidation followed, ahead of fresh weakness clearing 1.5432 and 1.5406, to accelerate losses to 1.5361 so far. Further losses seen towards 1.5334, possibly 1.5282 on a break. Oversold hourly studies, however, warns of correction preceding downmove, with 1.5517/40 capping. Only break of the latter would improve the picture.
Res: 1.5432, 1.5482, 1.5499, 1.5517
Sup: 1.5372, 1.5361, 1.5334, 1.5282
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