Pivot: 0.8500.
Our preference: LONG positions above 0.85 with 0.8535 0.8555 in sight.
Alternative scenario: The downside breakout of 0.85 will open the way to 0.848 0.8465.
Comment: the pair is rebounding on its support as the RSI is turning up.
Trend: ST Ltd Downside; MT Range
Key levels Comment
0.858** Intraday resistance
0.8555*** Intraday resistance
0.8535*** Intraday resistance
0.8512 Last
0.85*** Intraday pivot point
0.848** Intraday support
0.8465*** Intraday support
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