Pivot: 103.9
Our preference: Long positions above 103.9 with targets @ 104.75 104.9 in extension.
Alternative scenario: Below 103.9 look for further downside with 103.5 103.2 as targets.
Comment: The pair has rebounded and remains on the upside.
Supports and resistances:
105.1
104.9
104.75
104.415 Last
103.9
103.5
103.2
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