Pivot: 0.786
Our preference: Long positions above 0.786 with targets @ 0.798 0.801 in extension.
Alternative scenario: Below 0.786 look for further downside with 0.779 0.7755 as targets.
Comment: the pair has broken above the upper boundary of a bearish channel.
Key levels
0.8035
0.801
0.798
0.7938 last
0.786
0.779
0.7755
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