Pivot: 1.046
Our preference: Short positions below 1.046 with targets @ 1.0365 1.03 in extension.
Alternative scenario: Above 1.046 look for further upside with 1.051 1.0545 as targets.
Comment: As long as 1.046 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0545
1.051
1.046
1.0404 Last
1.0365
1.03
1.022
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