Pivot: 0.783
Our preference: Long positions above 0.783 with targets @ 0.7875 0.789 in extension.
Alternative scenario: Below 0.783 look for further downside with 0.781 0.7795 as targets.
Comment: A support base at 0.783 has formed and has allowed for a temporary stabilisation. The pair is rebounding above its support.
Supports and resistances:
0.7905 ***
0.789 ***
0.7875 ***
0.7843 Last
0.783 ***
0.781 ***
0.7795 ***
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