39-64 pip move up

Pivot

1.0265
My preference

Long positions above 1.0265 with targets at 1.0340 & 1.0365 in extension.

Alternative scenario

Below 1.0265 look for further downside with 1.0240 & 1.0220 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

1.0390

1.0365

1.0340

1.0301 Last

1.0265

1.0240

1.0220