Pivot: 1.016
Our preference: Short positions below 1.016 with targets @ 1.012 1.0095 in extension.
Alternative scenario: Above 1.016 look for further upside with 1.018 1.02 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.016.
Key levels
1.02
1.018
1.016
1.01503 last
1.012
1.0095
1.008
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