Pivot: 0.929
Our preference: Short positions below 0.929 with targets @ 0.916 0.9075 in extension.
Alternative scenario: Above 0.929 look for further upside with 0.9365 0.9435 as targets.
Comment: The upward potential is likely to be limited by the resistance at 0.929. The pair has broken below a bullish channel support and is posting a pull back.
Supports and resistances:
0.9435 *
0.9365 *
0.929 ***
0.9257 Last
0.916 *
0.9075 **
0.898 ***
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