Pivot: 0.786
Our preference: Short positions below 0.786 with targets @ 0.781 0.7795 in extension.
Alternative scenario: Above 0.786 look for further upside with 0.7875 0.789 as targets.
Comment: The upward potential is likely to be limited by the resistance at 0.786. The pair is rebounding and is challenging its resistance.
Supports and resistances:
0.789 ***
0.7875 ***
0.786 ***
0.7846 Last
0.781 ***
0.7795 ***
0.7765 ***
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