Pivot: 0.914
Our preference: Long positions above 0.914 with targets @ 0.9245 0.931 in extension.
Alternative scenario: Below 0.914 look for further downside with 0.911 0.9065 as targets.
Comment: the pair validated a Reverse Head and Shoulders pattern and the 20 and 50-period moving averages crossed upward: this calls for a rebound.
Key levels
0.936
0.931
0.9245
0.915 last
0.914
0.911
0.9065
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