Pivot: 0.8550.
Our preference: SHORT positions below 0.855 with 0.85 0.8485 in sight.
Alternative scenario: The upside penetration of 0.855 will call for 0.857 0.859.
Comment: the pair remains under pressure and should reach its support.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.859*** Intraday resistance
0.857** Intraday resistance
0.855*** Intraday pivot point
0.8525 Last
0.85*** Intraday support
0.8485** Intraday support
0.846*** Intraday support
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