Pivot: 1.517
Our preference: Long positions above 1.517 with targets @ 1.619 1.6525 in extension.
Alternative scenario: Below 1.517 look for further downside with 1.456 1.423 as targets.
Comment: The RSI is well directed. The pair remains supported by the 50-days moving average.
Supports and resistances:
1.6695 **
1.6525 *
1.619 **
1.5743 Last
1.517 ***
1.456 **
1.423
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