Pivot: 0.897
Our preference: Short positions below 0.897 with targets @ 0.887 0.882 in extension.
Alternative scenario: Above 0.897 look for further upside with 0.902 0.905 as targets.
Comment: as long as the resistance at 0.897 is not surpassed, the risk of the break below 0.887 remains high. The downside breakout of 0.887 is expected to trigger a bearish acceleration.
Supports and resistances:
0.905
0.902
0.897
0.8925 Last
0.887
0.882
0.877
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