Pivot: 0.8545.
Our preference: LONG positions above 0.8545 with targets @ 0.8595 0.861.
Alternative scenario: The downside breakout of 0.8545 will open the way to 0.8515 0.8495.
Comment: the pair is pulling back on its support ahead of a rebound.
Trend: ST Ltd Upside; MT Range
Key levels Comment
0.8635** Intraday resistance
0.861** Intraday resistance
0.8595*** Intraday resistance
0.856 Last
0.8545*** Intraday pivot point
0.8515*** Intraday support
0.8495** Intraday support
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