Pivot: 0.818
Our preference: Long positions above 0.818 with targets @ 0.826 0.83 in extension.
Alternative scenario: Below 0.818 look for further downside with 0.812 0.809 as targets.
Comment: the pair validated a Reverse Head and Shoulders pattern calling for an upturn. However, the strength of the current pullback is calling for caution.
Key levels
0.835
0.83
0.826
0.81896 last
0.818
0.812
0.809
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