Pivot: 1.225
Our preference: Long positions above 1.225 with targets @ 1.229 1.2305 in extension.
Alternative scenario: Below 1.225 look for further downside with 1.2225 1.2205 as targets.
Comment: a support base at 1.225 has formed and has allowed for a temporary stabilisation.
Key levels
1.2325
1.2305
1.229
1.2269 last
1.225
1.2225
1.2205
Copyright 1999 – 2013 TRADING CENTRAL