
Pivot
(invalidation):
0.9880
Our preference
Long positions above 0.9880 with targets at 0.9905 & 0.9920 in extension.
Alternative scenario
Below
0.9880 look for further downside with 0.9860 & 0.9840 as targets.
Comment
The RSI lacks downward momentum. The pair keeps trading within a bullish channel.
(By Swissquote TRADING CENTRAL)

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