Pivot: 90.10
Our Preference: the upside prevails, as long as 90.1 is support.
Alternative Scenario: Below 90.1 eye a drop towards 85.6 and 77.3 in extension.
Comment: sideways trading between 90.1 and 98.1. A break of this range to either side would be considered significant and certainly worth monitoring.
Trend: ST Range; MT Range, we have been neutral since 8 MAY 2013 (95.63).
Key levels Comment
106 Horizontal resistance
100.6 Horizontal resistance
98.1 Horizontal resistance
95.62 Last
90.1 Pivot point
85.6 Fib retracement (38.2%)
77.3 Horizontal support
Copyright 1999 – 2013 TRADING CENTRAL