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If this is the case, then the neck-line at 2.1237 is in danger, despite being reinforced by the daily S2 level. In case this support is broken, as suggested by the hourly and four-hour technical indicators, it will pave the way towards the Jun 12 low at 2.10 and at the same time leave a possibility for the dip to extend even deeper, down to the Jun 6 low at 2.0750.
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