Pivot: 1.312
Our preference: Short positions below 1.312 with targets @ 1.303 1.2995 in extension.
Alternative scenario: Above 1.312 look for further upside with 1.316 1.319 as targets.
Comment: the pair has validated a rising wedge and is reversing down as the RSI is badly directed.
Key levels
1.319
1.316
1.312
1.3078 last
1.303
1.2995
1.295
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