Pivot: 1.049
Our preference: Short positions below 1.049 with targets @ 1.0425 1.039 in extension.
Alternative scenario: Above 1.049 look for further upside with 1.052 1.0545 as targets.
Comment: As long as 1.049 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.0545 *
1.052 *
1.049 ***
1.0462 Last
1.0425 *
1.039 **
1.036 **
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