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The current support on the daily chart at 1.13-1.15 has been holding up well. If it can really penetrate the resistance at 1.20, then the next stops could well be 1.50/1.9/etc. or thereabouts. However, looking at both the weekly and monthly charts, it seems theres nothing much to stop it sliding quite some way down. So, if it breaches 1.13 for good, I'd say see ya at 0.40!
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