Pivot: 1.047
Our preference: Short positions below 1.047 with targets @ 1.042 1.039 in extension.
Alternative scenario: Above 1.047 look for further upside with 1.0505 1.053 as targets.
Comment: The upward potential is likely to be limited by the resistance at 1.047.
Supports and resistances:
1.053
1.0505
1.047
1.0449 Last
1.042
1.039
1.0345
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