Pivot: 0.8580.
Our preference: LONG positions above 0.858 with 0.8645 0.8675 in sight.
Alternative scenario: The downside penetration of 0.858 will call for 0.8555 0.8525.
Comment: a support base at 0.858 has formed and has allowed for a temporary stabilisation.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.871** Intraday resistance
0.8675** Intraday resistance
0.8645** Intraday resistance
0.8613 Last
0.858*** Intraday pivot point
0.8555** Intraday support
0.8525** Intraday support
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