Pivot: 0.935
Our preference: Long positions above 0.935 with targets @ 0.9425 0.946 in extension.
Alternative scenario: Below 0.935 look for further downside with 0.9315 0.928 as targets.
Comment: The immediate trend remains up and the momentum is strong. The pair has broken above a bearish channel resistance.
Supports and resistances:
0.95
0.946
0.9425
0.9378 Last
0.935
0.9315
0.928
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