| Resistance3: | 78 |
| Resistance2: | 76.15 |
| Resistance1: | 75 |
| Last: | 73.55 |
| Pivot: | 71 |
| Support1: | 71 |
| Support2: | 69.5 |
| Support3: | 68.5 |
Our preference: Long positions above 71 with targets @ 75 & 76.15 in extension.
Alternative scenario: Below 71 look for further downside with 69.5 & 68.5 as targets.
Comment: the pair stands within a bullish channel and is approaching its resistance.
78
76.15
75
73.55 (last)
71
69.5
68.5
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