Pivot: 1.0625
Our preference: Short positions below 1.0625 with targets @ 1.052 1.05 in extension.
Alternative scenario: Above 1.0625 look for further upside with 1.067 1.0695 as targets.
Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.0695
1.067
1.0625
1.0581 Last
1.052
1.05
1.043
Copyright 1999 – 2015 TRADING CENTRAL