Pivot
(invalidation):
0.6860
Our preference
Short positions below 0.6860 with targets at 0.6815 & 0.6800 in extension.
Alternative scenario
Above
0.6860 look for further upside with 0.6880 & 0.6895 as targets.
Comment
The RSI has broken down its 30 level. The pair is crossing below the lower boundary of a
bearish channel,
calling for acceleration to the downsid
(By Swissquote TRADING CENTRAL)
