Pivot: 173.35
Our preference: Short positions below 173.35 with targets @ 172.55 172.35 in extension.
Alternative scenario: Above 173.35 look for further upside with 173.75 174.1 as targets.
Comment: As long as 173.35 is resistance, look for choppy price action with a bearish bias. The pair remains within a bearish channel.
Supports and resistances:
174.1
173.75
173.35
173.03 Last
172.55
172.35
171.9
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