Pivot
(invalidation):
0.6840
Our preference
Long positions above 0.6840 with targets at 0.6870 & 0.6890 in extension.
Alternative scenario
Below
0.6840 look for further downside with 0.6825 & 0.6810 as targets.
Comment
A support base at 0.6840 has formed and has allowed for a temporary stabilisation. The pair
keeps trading
within a bullish channel drawn from October 17.
(By Swissquote TRADING CENTRAL)
