Pivot: 1.2865.
Our preference: LONG positions above 1.2865 with 1.2965 1.2995 in sight.
Alternative scenario: The downside breakout of 1.2865 will open the way to 1.282 1.279.
Comment: the pair stands above its new support and remains on the upside, the RSI is well directed.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.3025** Intraday resistance
1.2995*** Intraday resistance
1.2965*** Intraday resistance
1.2925 Last
1.2865*** Intraday pivot point
1.282*** Intraday support
1.279** Intraday support
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