Pivot: 0.891
Our preference: Long positions above 0.891 with targets @ 0.896 0.8985 in extension.
Alternative scenario: Below 0.891 look for further downside with 0.888 0.886 as targets.
Comment: The break above 0.891 is a positive signal that has opened a path to 0.896. The pair is drawing a flat consolidation in a slightly declining channel ahead of further advance.
Supports and resistances:
0.9015
0.8985
0.896
0.8948 Last
0.891
0.888
0.886
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