Pivot: 1.038
Our preference: Long positions above 1.038 with targets @ 1.046 1.0505 in extension.
Alternative scenario: Below 1.038 look for further downside with 1.033 1.03 as targets.
Comment: A support base at 1.038 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.0525
1.0505
1.046
1.0396 Last
1.038
1.033
1.03
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