w of 0.6230 and a high of 0.6254. The following illustrates the series of breaks in structure and the prospects of a downside correction. The price has been slicing through various levels of structure over the course of the year and 0.6064 is eyed on a break of the dynamic trendline support. From an hourly perspective, 0.6220 and 0.6200 are key structures should the bears manage to keep control below what will be considered as counter-trendline resistance.
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