Pivot: 107.35
Our preference: Short positions below 107.35 with targets @ 106.6 106.2 in extension.
Alternative scenario: Above 107.35 look for further upside with 107.65 108.2 as targets.
Comment: Technically the RSI is below its neutrality area at 50. The pair has struck against the key resistance but remains on the downside.
Supports and resistances:
108.2
107.65
107.35
107.11 Last
106.6
106.2
106
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