Pivot: 1.024
Our preference: Long positions above 1.024 with targets @ 1.0285 1.03 in extension.
Alternative scenario: Below 1.024 look for further downside with 1.022 1.0195 as targets.
Comment: intraday technical indicators are mixed to bullish. A limited recovery is in the cards but is expected to be limited by the 1.03 resistance area.
Key levels
1.0325
1.03
1.0285
1.0247 last
1.024
1.022
1.0195
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