Pivot: 0.8415.
Our preference: LONG positions above 0.8415 with targets @ 0.8455 0.847.
Alternative scenario: The downside penetration of 0.8415 will call for a slide towards 0.84 0.838.
Comment: the pair stands above its support.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.848** Intraday resistance
0.847*** Intraday resistance
0.8455*** Intraday resistance
0.8425 Last
0.8415** Intraday pivot point
0.84*** Intraday support
0.838** Intraday support
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