Pivot: 106.9
Our preference: Long @ 107.1 with targets @ 107.45 107.8 in extension.
Alternative scenario: Below 106.9 look for further downside with 106.6 106.2 as targets.
Comment: The RSI lacks downward momentum. The pair is pulling back on its support ahead of a rebound.
Supports and resistances:
108.2
107.8
107.45
107.18 Last
106.9
106.6
106.2
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