Pivot: 1.105
Our preference: Long positions above 1.105 with targets @ 1.173 1.205 in extension.
Alternative scenario: Below 1.105 look for further downside with 1.081 1.045 as targets.
Comment: The pair remains within a bullish channel and has broken above a declining trend line.
Supports and resistances:
1.225 ***
1.205 **
1.173 ***
1.1408 Last
1.105 ***
1.081 ***
1.045 ***
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