Pivot: 0.884
Our preference: Long positions above 0.884 with targets @ 0.915 0.925 in extension.
Alternative scenario: Below 0.884 look for further downside with 0.87 0.858 as targets.
Comment: The RSI calls for a new upleg. The pair has broken above the upper boundary of a bearish channel.
Supports and resistances:
0.938
0.925
0.915
0.9022 Last
0.884
0.87
0.858
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