Pivot: 0.9620.
Our preference: LONG positions above 0.962 with targets @ 0.9695 0.9735.
Alternative scenario: The downside breakout of 0.962 will open the way to 0.9585 0.954.
Comment: the pair is rebounding and is approaching its resistance, the RSI is well directed.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.977*** Intraday resistance
0.9735** Intraday resistance
0.9695*** Intraday pivot point
0.9655 Last
0.962** Intraday support
0.9585*** Intraday support
0.954** Intraday support
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