Pivot: 1.09
Our preference: Long positions above 1.09 with targets @ 1.094 1.096 in extension.
Alternative scenario: Below 1.09 look for further downside with 1.0865 1.0845 as targets.
Comment: The RSI calls for a new upleg. The pair is supported by its ascending 50-period moving average (in blue).
Supports and resistances:
1.099
1.096
1.094
1.0932 Last
1.09
1.0865
1.0845
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