Pivot: 0.7825
Our preference: Long positions above 0.7825 with targets @ 0.792 0.7975 in extension.
Alternative scenario: Below 0.7825 look for further downside with 0.7735 0.768 as targets.
Comment: the pair is trading above a strong support area at 0.7825 (50% retracement, former resistance now acting as a support)
Key levels
0.8015
0.7975
0.792
0.78965 last
0.7825
0.7735
0.768
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