Pivot: 1.08
Our preference: Short positions below 1.08 with targets @ 1.071 1.069 in extension.
Alternative scenario: Above 1.08 look for further upside with 1.085 1.089 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.089
1.085
1.08
1.0752 Last
1.071
1.069
1.0655
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