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As we can see on the D1 chart, despite last week's brief rise to 137.45, the subsequent selloff suggests the rebound from 132.23 has possibly ended there. Although the single currency recovered after falling to 133.16 earlier this week, reckon 136.12 would limit upside near term downside risk remains for the fall from 137.45 to extend marginal weakness, however, reckon previous support at 133.33 supports would contain downside and bring another rebound later.