Pivot: 0.94
Our preference: Short positions below 0.94 with targets @ 0.9285 0.925 in extension.
Alternative scenario: Above 0.94 look for further upside with 0.9455 0.948 as targets.
Comment: the RSI is bearish and calls for further downside. The pair is trading in a bearish channel.
Supports and resistances:
0.948
0.9455
0.94
0.9323 Last
0.9285
0.925
0.9205
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