Pivot: 0.8460.
Our preference: LONG positions above 0.846 with targets @ 0.849 0.8515.
Alternative scenario: The downside penetration of 0.846 will call for a slide towards 0.8445 0.842.
Comment: a support base at 0.846 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd Downside; MT Range
Key levels Comment
0.854** Intraday resistance
0.8515** Intraday resistance
0.849** Intraday resistance
0.847 Last
0.846*** Intraday pivot point
0.8445*** Intraday support
0.842** Intraday support
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