Pivot: 0.7
Our preference: Long positions above 0.7 with targets @ 0.739 0.76 in extension.
Alternative scenario: Below 0.7 look for further downside with 0.687 0.667 as targets.
Comment: The RSI lacks momentum. The pair is pulling back on its support.
Supports and resistances:
0.775 *
0.76 *
0.739 ***
0.7111 Last
0.7 ***
0.687 *
0.667 *
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