Pivot: 1.616
Our preference: Long positions above 1.616 with targets @ 1.626 1.63 in extension.
Alternative scenario: Below 1.616 look for further downside with 1.612 1.607 as targets.
Comment: technically, the RSI is above its neutrality area at 50.
Key levels
1.634
1.63
1.626
1.6223 last
1.616
1.612
1.607
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