Pivot: 0.837
Our preference: Short @ 0.8347 with targets @ 0.8325 0.83 in extension.
Alternative scenario: Above 0.837 look for further upside with 0.8385 0.84 as targets.
Comment: the upward potential is likely to be limited by the resistance at 0.837. The pair broke below its bullish channel support and is capped by a bearish trend line.
Supports and resistances:
0.84
0.8385
0.837
0.8355 Last
0.8325
0.83
0.826
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