Pivot: 0.9005
Our preference: Short positions below 0.9005 with targets @ 0.891 0.8885 in extension.
Alternative scenario: Above 0.9005 look for further upside with 0.905 0.908 as targets.
Comment: The pair remains within a bearish channel as the RSI is capped by a declining trend line.
Supports and resistances:
0.908
0.905
0.9005
0.8942 Last
0.891
0.8885
0.8865
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