Pivot: 1.6365
Our preference: Long positions above 1.6365 with targets @ 1.644 1.648 in extension.
Alternative scenario: Below 1.6365 look for further downside with 1.633 1.6295 as targets.
Comment: the pair validated a Pennant: a bullish pattern calling for a bullish acceleration towards 1.648.
Key levels
1.653
1.648
1.644
1.6392 last
1.6365
1.633
1.6295
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