Pivot: 0.975
Our preference: Long positions above 0.975 with targets @ 0.985 0.988 in extension.
Alternative scenario: Below 0.975 look for further downside with 0.9705 0.967 as targets.
Comment: a support base at 0.975 has formed and has allowed for a temporary stabilisation.
Key levels
0.9915
0.988
0.985
0.97826 last
0.975
0.9705
0.967
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