Pivot: 0.936
Our preference: Long positions above 0.936 with targets @ 0.9475 0.953 in extension.
Alternative scenario: Below 0.936 look for further downside with 0.9315 0.9265 as targets.
Comment: the pair is drawing a Falling Wedge calling for a rebound and the RSI has just broken above a declining trend line.
Key levels
0.9555
0.953
0.9475
0.93949 last
0.936
0.9315
0.9265
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