Pivot: 0.834
Our preference: Long positions above 0.834 with targets @ 0.838 0.84 in extension.
Alternative scenario: Below 0.834 look for further downside with 0.832 0.83 as targets.
Comment: technically, the RSI is above its neutrality area at 50. The pair is trading in the middle of a slightly ascending channel.
Supports and resistances:
0.8415
0.84
0.838
0.8373 Last
0.834
0.832
0.83
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