Pivot: 1.2033
Our preference: Short positions below 1.2033 with targets @ 1.2005 1.199 in extension.
Alternative scenario: Above 1.2033 look for further upside with 1.2048 1.2058 as targets.
Comment: The RSI is capped by a bearish trend line.
Supports and resistances:
1.2058
1.2048
1.2033
1.2026 Last
1.2005
1.199
1.198
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