Although dollar has retreated after meeting renewed selling at 1.0655, break of 1.0564 support is needed to signal decline has resumed and extend weakness to 1.0535 (50% projection of 1.0903-1.0579 measuring from 1.0697) and then 1.0495/00 (61.8% projection), however, reckon 1.0445 (1.236 times projection of 1.1547 to 1.0986 measuring from 1.1138) would hold from here due to loss of downward momentum.

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