Pivot: 0.8555
Our preference: Short positions below 0.8555 with targets @ 0.8455 0.842 in extension.
Alternative scenario: Above 0.8555 look for further upside with 0.8615 0.865 as targets.
Comment: The upward potential is likely to be limited by the resistance at 0.8555. Prices are trading close to a bearish channel resistance.
Supports and resistances:
0.865 **
0.8615 **
0.8555 ***
0.8493 Last
0.8455 *
0.842 *
0.837 *
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