Pivot: 116.35
Our preference: Short positions below 116.35 with targets @ 115.35 114.9 in extension.
Alternative scenario: Above 116.35 look for further upside with 117.05 117.3 as targets.
Comment: The RSI is bearish and calls for further downside. The pair has broken below a rising trend line.
Supports and resistances:
117.3
117.05
116.35
115.745 Last
115.35
114.9
114.5
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