Pivot: 170.9
Our preference: Short positions below 170.9 with targets @ 169.25 168.55 in extension.
Alternative scenario: Above 170.9 look for further upside with 171.55 172.35 as targets.
Comment: The upward potential is likely to be limited by the resistance at 170.9. The pair is posting a rebound but stands below its resistance.
Supports and resistances:
172.35
171.55
170.9
170.69 Last
169.25
168.55
168.05
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