Pivot: 1.6215
Our preference: Short positions below 1.6215 with targets @ 1.616 1.612 in extension.
Alternative scenario: Above 1.6215 look for further upside with 1.626 1.63 as targets.
Comment: the pair has broken below a rising trend line and remains under pressure.
Key levels
1.63
1.626
1.6215
1.6166 last
1.616
1.612
1.6095
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