Pivot: 0.844
Our preference: Short positions below 0.844 with targets @ 0.8385 0.834 in extension.
Alternative scenario: Above 0.844 look for further upside with 0.847 0.8495 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. The pair is trading within a bearish channel.
Supports and resistances:
0.8495 ***
0.847 *
0.844 ***
0.841 Last
0.8385 *
0.834 **
0.829 *
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