Pivot: 0.9255
Our preference: Long positions above 0.9255 with targets @ 0.9315 0.933 in extension.
Alternative scenario: Below 0.9255 look for further downside with 0.923 0.9205 as targets.
Comment: The RSI is bullish and calls for further upside. The pair validated an ascending Triangle pattern calling for a rise towards 0.933.
Supports and resistances:
0.937
0.933
0.9315
0.9298 Last
0.9255
0.923
0.9205
Copyright 1999 – 2014 TRADING CENTRAL