However the last few minutes have seen a move lower to a new session low of 1.33489, and in the process has move below that swing area (yellow area). That has tilted the bias more to the downside. Intraday traders will likely start to use the 100 hour moving average at 1.33742 (and high of swing area) as resistance/risk defining level. Stay below keeps the sellers more in control.
Traders will look toward 1.3339 and then 1.33157 as the next downside targets.
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