Pivot: 1.027
Our preference: Long positions above 1.027 with targets @ 1.034 1.0355 in extension.
Alternative scenario: Below 1.027 look for further downside with 1.023 1.018 as targets.
Comment: a support base at 1.027 has formed and has allowed for a temporary stabilisation.
Key levels
1.038
1.0355
1.034
1.03081 last
1.027
1.023
1.018
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