The pair did very little during the course of the day on Friday . I do see a significant amount of resistance above at the 115 level in order to keep this market somewhat negative. If we break down below the 112 level, then we should reach towards the 111 level. Ultimately though, this is a market that should continue to chop around overall with a slightly downward bias. Ultimately, this is a market that should continue to be negative, just as there are a lot of concerns out there.
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