Pivot: 1.523
Our preference: Long positions above 1.523 with targets @ 1.533 1.538 in extension.
Alternative scenario: Below 1.523 look for further downside with 1.519 1.516 as targets.
Comment: the pair has broken above a bearish trend line turning the outlook bullish.
Key levels
1.5415
1.538
1.533
1.5295 last
1.523
1.519
1.516
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