Pivot: 0.848
Our preference: Long positions above 0.848 with targets @ 0.852 0.8555 in extension.
Alternative scenario: Below 0.848 look for further downside with 0.8455 0.843 as targets.
Comment: a support base at 0.848 has formed and has allowed for a temporary stabilisation. However, intraday technical indicators lack upward momentum, this calls for caution.
Key levels
0.858
0.8555
0.852
0.84926 last
0.848
0.8455
0.843
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