Pivot: 1.2025
Our preference: Short positions below 1.2025 with targets @ 1.2 1.199 in extension.
Alternative scenario: Above 1.2025 look for further upside with 1.2038 1.2048 as targets.
Comment: As long as 1.2025 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2048
1.2038
1.2025
1.2021 Last
1.2
1.199
1.197
Copyright 1999 – 2014 TRADING CENTRAL