Pivot: 0.8965
Our preference: Short positions below 0.8965 with targets @ 0.888 0.8845 in extension.
Alternative scenario: Above 0.8965 look for further upside with 0.901 0.904 as targets.
Comment: the pair is posting a rebound but remains within a bearish channel.
Key levels
0.904
0.901
0.8965
0.89456 last
0.888
0.8845
0.88
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