Pivot: 0.7055
Our preference: Short positions below 0.7055 with targets @ 0.7025 0.7 in extension.
Alternative scenario: Above 0.7055 look for further upside with 0.708 0.71 as targets.
Comment: As long as 0.7055 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
0.71 ***
0.708 ***
0.7055 ***
0.7045 Last
0.7025 ***
0.7 ***
0.698 **
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