Pivot: 1.052
Our preference: Long positions above 1.052 with targets @ 1.14 1.2 in extension.
Alternative scenario: Below 1.052 look for further downside with 1.022 0.97 as targets.
Comment: The pair is supported by its ascending 20 and 50-day moving averages.
Supports and resistances:
1.24 **
1.2 ***
1.14 *
1.0884 Last
1.052 ***
1.022 **
0.97 *
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