Pivot: 167.8
Our preference: Short positions below 167.8 with targets @ 165.9 165.25 in extension.
Alternative scenario: Above 167.8 look for further upside with 168.35 169.15 as targets.
Comment: the pair remains capped by a declining trend line.
Key levels
169.15
168.35
167.8
166.787 last
165.9
165.25
164.35
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