Pivot: 1.21
Our preference: Short positions below 1.21 with targets @ 1.2 1.193 in extension.
Alternative scenario: Above 1.21 look for further upside with 1.218 1.224 as targets.
Comment: The pair remains within a bearish channel and is challenging its support.
Supports and resistances:
1.224 ***
1.218 ***
1.21 **
1.2008 Last
1.2 ***
1.193 **
1.182 **
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