Pivot: 129.3
Our preference: Long positions above 129.3 with targets @ 131.5 132.15 in extension.
Alternative scenario: Below 129.3 look for further downside with 128.4 127.25 as targets.
Comment: the pair faced a bear trap and is posting a rebound as the RSI is reversing up.
Key levels
133
132.15
131.5
130.326 last
129.3
128.4
127.25
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