Pivot: 0.8805
Our preference: Long positions above 0.8805 with targets @ 0.886 0.89 in extension.
Alternative scenario: Below 0.8805 look for further downside with 0.878 0.8745 as targets.
Comment: The RSI is bullish and calls for further upside. Prices validated a Pennant: a bullish pattern calling for a rise towards 0.89.
Supports and resistances:
0.8925
0.89
0.886
0.8835 Last
0.8805
0.878
0.8745
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