The move should keep on going down within the descending channel towards the weekly levels of 575 and 568 and will most likely test the monthly support level of 562 which is really a psychological level in terms that its been a long while since #USDCRC pair last traded that low. If the 562 monthly level is tested and rejected a new move will probably start and a possible accumulation phase will start. I do not really see the pair going lower than 562 level because the next support level will be at 521 which is very far away from what it has been trading in the past 3 years.


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