Pivot: 1.09
Our preference: Long positions above 1.09 with targets @ 1.0965 1.099 in extension.
Alternative scenario: Below 1.09 look for further downside with 1.0875 1.084 as targets.
Comment: The RSI is bullish and calls for further upside. The pair is trading in a bullish channel.
Supports and resistances:
1.101
1.099
1.0965
1.0943 Last
1.09
1.0875
1.084
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