Pivot: 117.75
Our preference: Long positions above 117.75 with targets @ 119 119.7 in extension.
Alternative scenario: Below 117.75 look for further downside with 117.4 116.75 as targets.
Comment: The pair has broken above a declining trend line and should post further advance.
Supports and resistances:
120.05
119.7
119
118.425 Last
117.75
117.4
116.75
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