Pivot: 96.75
Our preference: Long positions above 96.75 with targets @ 97.2 97.5 in extension.
Alternative scenario: Below 96.75 look for further downside with 96.5 96.1 as targets.
Comment: the pair has broken above a declining trend line and is facing a pull back.
Key levels
97.85
97.5
97.2
96.99 last
96.75
96.5
96.1
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