Pivot: 0.825
Our preference: Long positions above 0.825 with targets @ 0.8305 0.834 in extension.
Alternative scenario: Below 0.825 look for further downside with 0.8215 0.8195 as targets.
Comment: the RSI is supported by a bullish trend line. The pair validated a falling Wedge: a bullish pattern calling for a rebound towards 0.834.
Supports and resistances:
0.836
0.834
0.8305
0.8271 Last
0.825
0.8215
0.8195
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