Pivot: 1.627
Our preference: Short positions below 1.627 with targets @ 1.621 1.616 in extension.
Alternative scenario: Above 1.627 look for further upside with 1.63 1.6335 as targets.
Comment: The pair is posting a rebound and is challenging its resistance.
Supports and resistances:
1.6335
1.63
1.627
1.6264 Last
1.621
1.616
1.61
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