Pivot: 98.95
Our preference: Long positions above 98.95 with targets @ 99.55 99.95 in extension.
Alternative scenario: Below 98.95 look for further downside with 98.7 98.5 as targets.
Comment: the pair has pushed above the upper boundary of a bearish channel.
Key levels
100.2
99.95
99.55
99.11 last
98.95
98.7
98.5
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