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2020/07/03 - 08.28 AM

Our preference: short positions below 107.65 with targets at 107.40 & 107.30 in extension.

Alternative scenario: above 107.65 look for further upside with 107.80 & 108.00 as targets.

Comment: as long as the resistance at 107.65 is not surpassed, the risk of the break below 107.40 remains high.