Although current breach of previous support at 1.6453 confirms the decline from 1.6747 top has resumed and further weakness to 1.6393 (61.8% projection of 1.6747 to 1.6453 measuring from 1.6575) and possibly towards 1.6360 is likely, however, reckon 1.6342 (50% Fibonacci retracement of 1.5937-1.6747) would hold from here due to weakening of downward momentum.
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