Pivot: 0.8755
Our preference: Long positions above 0.8755 with targets @ 0.8835 0.886 in extension.
Alternative scenario: Below 0.8755 look for further downside with 0.873 0.87 as targets.
Comment: Prices are challenging a bullish channel resistance: a consolidation towards the channel lower boundary is expected ahead of another up move.
Supports and resistances:
0.89
0.886
0.8835
0.881 Last
0.8755
0.873
0.87
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