Pivot: 1.023
Our preference: Short positions below 1.023 with targets @ 1.014 1.01 in extension.
Alternative scenario: Above 1.023 look for further upside with 1.028 1.0355 as targets.
Comment: the RSI is capped by a declining trend line and the 1.023 resistance area maintains a bearish bias.
Key levels
1.0355
1.028
1.023
1.02007 last
1.014
1.01
1.005
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