Pivot: 0.7775
Our preference:
long positions above 0.7775 with targets at 0.8250 & 0.8400 in extension.
Alternative scenario:
below 0.7775 look for further downside with 0.7565 & 0.7465 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
0.8550 ***
0.8400 **
0.8250 ***
0.7995
Last
0.7775 ***
0.7565 **
0.7465 **