Pivot: 0.7465
Our preference: Short positions below 0.7465 with targets @ 0.7405 0.7385 in extension.
Alternative scenario: Above 0.7465 look for further upside with 0.749 0.752 as targets.
Comment: As long as the resistance at 0.7465 is not surpassed, the risk of the break below 0.7405 remains high. The pair is posting a rebound but stands below its resistance.
Supports and resistances:
0.752 ***
0.749 **
0.7465 **
0.7442 Last
0.7405 ***
0.7385 *
0.7355 *
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