Pivot: 0.872
Our preference: Long positions above 0.872 with targets @ 0.8785 0.8805 in extension.
Alternative scenario: Below 0.872 look for further downside with 0.8695 0.866 as targets.
Comment: as long as 0.872 is resistance, likely decline to 0.8785. The pair is trading in a bearish channel but validated a Symmetrical Triangle calling for a rebound
Supports and resistances:
0.883
0.8805
0.8785
0.8758 Last
0.872
0.8695
0.866
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