Pivot: 100.65
Our preference: Long positions above 100.65 with targets @ 103.7 105.45 in extension.
Alternative scenario: Below 100.65 look for further downside with 97.7 96 as targets.
Comment: The pair is rebounding above its support and is shaping a tentative triangle as the RSI is turning up.
Supports and resistances:
107.5
105.45
103.7
102.235 Last
100.65
97.7
96
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