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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
- Pivot: 0.7310
- Our preference: short positions below 0.7310 with targets at 0.7010 & 0.6820 in extension.
- Alternative scenario: above 0.7310 look for further upside with 0.7440 & 0.7570 as targets.
- Comment: the RSI is capped by a declining trend line.