Pivot: 108
Our preference: Short positions below 108 with targets @ 107.6 107.35 in extension.
Alternative scenario: Above 108 look for further upside with 108.35 108.55 as targets.
Comment: The pair is rebounding and is challenging its resistance.
Supports and resistances:
108.55
108.35
108
107.925 Last
107.6
107.35
107.05
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