Pivot: 1.053
Our preference: Short positions below 1.053 with targets @ 1.041 1.0365 in extension.
Alternative scenario: Above 1.053 look for further upside with 1.06 1.065 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.065
1.06
1.053
1.0473 Last
1.041
1.0365
1.03
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