Pivot: 1.6
Our preference: Long positions above 1.6 with targets @ 1.6115 1.6165 in extension.
Alternative scenario: Below 1.6 look for further downside with 1.596 1.5905 as targets.
Comment: technically, the RSI is above its neutrality area at 50.
Key levels
1.6205
1.6165
1.6115
1.6074 last
1.6
1.596
1.5905
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