Pivot: 0.8855
Our preference: Short @ 0.88 with targets @ 0.877 0.8735 in extension.
Alternative scenario: Above 0.8855 look for further upside with 0.8885 0.892 as targets.
Comment: the RSI is badly directed. The pair has plunged through a key support and remains on the downside.
Supports and resistances:
0.892
0.8885
0.8855
0.88 Last
0.877
0.8735
0.8705
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