Pivot: 0.7825
Our preference: Short positions below 0.7825 with targets @ 0.7775 0.775 in extension.
Alternative scenario: Above 0.7825 look for further upside with 0.785 0.7875 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7875 **
0.785 ***
0.7825 **
0.7804 Last
0.7775 **
0.775 ***
0.772 ***
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