Pivot: 0.816
Our preference: Short positions below 0.816 with targets @ 0.7885 0.781 in extension.
Alternative scenario: Above 0.816 look for further upside with 0.8255 0.84 as targets.
Comment: Technically the RSI is below its neutrality area at 50. The pair is trading within a bearish channel.
Supports and resistances:
0.84
0.8255
0.816
0.7956 Last
0.7885
0.781
0.775
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