Pivot: 0.9315
Our Preference: SHORT position below 0.9315 with 0.8845 0.8580 in sight.
Alternative Scenario: Above 0.9315 look for further upside to 1.0150.
Comment: as long as 0.9315 is resistance, look for choppy price action with a bearish bias.
Trend: ST Consolidation; MT Bearish, we have been bearish since 10 MAY 2013 (0.9975).
Key levels Comment
1.0150*** Horizontal resistance
0.9590*** Horizontal resistance
0.9315*** MT pivot point
0.8902 Last
0.8845*** Horizontal support
0.8580*** Horizontal support
0.8325*** Horizontal support
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