Pivot: 1.0415
Our preference: Short positions below 1.0415 with targets @ 1.031 1.0285 in extension.
Alternative scenario: Above 1.0415 look for further upside with 1.0475 1.052 as targets.
Comment: the pair is rebounding but stands below its resistance, the RSI lacks upward momentum.
Key levels
1.052
1.0475
1.0415
1.03649 last
1.031
1.0285
1.026
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