Pivot: 0.925
Our preference: Long positions above 0.925 with targets @ 0.9315 0.935 in extension.
Alternative scenario: Below 0.925 look for further downside with 0.921 0.915 as targets.
Comment: The price is expected to bounce off a bearish channel support. In addition the 0.925 support area is expected to limit the downside potential.
Supports and resistances:
0.9375
0.935
0.9315
0.929 Last
0.925
0.921
0.915
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