Pivot: 129.15
Our preference: Long positions above 129.15 with targets @ 130.8 131.75 in extension.
Alternative scenario: Below 129.15 look for further downside with 128.65 128 as targets.
Comment: A support base at 129.15 has formed and has allowed for a temporary stabilisation. The pair remains on the upside.
Supports and resistances:
132.15 **
131.75 ***
130.8 ***
129.59 Last
129.15 ***
128.65 **
128 ***
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