Pivot: 1.325
Our preference: Long positions above 1.325 with targets @ 1.33 1.337 in extension.
Alternative scenario: Below 1.325 look for further downside with 1.3175 1.315 as targets.
Comment: the upside breakout of 1.3255 maintains a bullish bias while the pair is trading in a Broadening Formation.
Key levels
1.3415
1.337
1.33
1.329 last
1.325
1.3175
1.315
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