Pivot: 95.64
Our preference: LONG positions above 95.64 with targets @ 98 98.6.
Alternative scenario: The downside breakout of 95.64 will open the way to 94.7 94.2.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Ltd downside; MT Range
Key levels Comment
99.4** Intraday resistance
98.6** Intraday resistance
98** Intraday resistance
97.01 Last
95.64*** Intraday pivot point
94.7** Intraday support
94.2* Intraday support
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