Pivot: 1.05
Our preference: Long positions above 1.05 with targets @ 1.055 1.0575 in extension.
Alternative scenario: Below 1.05 look for further downside with 1.0465 1.0445 as targets.
Comment: the pair is rebounding on its support as the RSI is reversing up.
Key levels
1.06
1.0575
1.055
1.05213 last
1.05
1.0465
1.0445
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