Important Level Was Touched Before Friday's Close

After becoming overbought over the course of 3 days in the run-up to Friday's close, price touched and reacted to a significant price level around 1.4650. The lower time frames reveal how price reacted to this price area. Unless price gaps up through this level at the market open, a short near the market open should be considered from around 1.4650 - 1.4654.

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