Pivot: 1.039
Our preference: Short positions below 1.039 with targets @ 1.031 1.028 in extension.
Alternative scenario: Above 1.039 look for further upside with 1.042 1.045 as targets.
Comment: As long as 1.039 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.045
1.042
1.039
1.0361 Last
1.031
1.028
1.023
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