Pivot: 0.785
Our preference: Short positions below 0.785 with targets @ 0.7805 0.778 in extension.
Alternative scenario: Above 0.785 look for further upside with 0.787 0.7885 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
0.7885
0.787
0.785
0.7828 Last
0.7805
0.778
0.7765
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