Pivot: 0.89
Our preference: Long positions above 0.89 with targets @ 0.8975 0.9 in extension.
Alternative scenario: Below 0.89 look for further downside with 0.888 0.8855 as targets.
Comment: The pair has broken above the upper boundary of a bearish channel and remains on the upside.
Supports and resistances:
0.903
0.9
0.8975
0.8945 Last
0.89
0.888
0.8855
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