Pivot: 1.0335
Our preference: Long positions above 1.0335 with targets @ 1.042 1.047 in extension.
Alternative scenario: Below 1.0335 look for further downside with 1.031 1.028 as targets.
Comment: the break above 1.0335 is a positive signal that has opened a path to 1.042.
Key levels
1.0505
1.047
1.042
1.0379 last
1.0335
1.031
1.028
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