Pivot: 0.7775
Our preference: Long positions above 0.7775 with targets @ 0.7875 0.7915 in extension.
Alternative scenario: Below 0.7775 look for further downside with 0.7735 0.7715 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Key levels
0.794
0.7915
0.7875
0.78718 last
0.7775
0.7735
0.7715
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