Pivot: 136.6
Our preference: Short positions below 136.6 with targets @ 135.5 135.15 in extension.
Alternative scenario: Above 136.6 look for further upside with 137.1 137.5 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. The pair is rebounding but stands below its resistance.
Supports and resistances:
137.5
137.1
136.6
136.27 Last
135.5
135.15
134.5
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