Pivot: 1.0245
Our preference: Long positions above 1.0245 with targets @ 1.029 1.0315 in extension.
Alternative scenario: Below 1.0245 look for further downside with 1.02 1.0185 as targets.
Comment: The pair is supported by a rising trend line. The upside breakout of 1.029 is expected to trigger a bullish acceleration.
Key levels
1.0335
1.0315
1.029
1.02778 last
1.0245
1.02
1.0185
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