Pivot: 0.771
Our preference: Short positions below 0.771 with targets @ 0.759 0.7555 in extension.
Alternative scenario: Above 0.771 look for further upside with 0.774 0.7805 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. The pair stands below its resistance and remains under pressure.
Supports and resistances:
0.7805 ***
0.774 ***
0.771 ***
0.7665 Last
0.759 ***
0.7555 ***
0.751 **
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