Pivot: 0.8580.
Our preference: SHORT positions below 0.858 with targets @ 0.854 0.852.
Alternative scenario: The upside penetration of 0.858 will call for a rebound towards 0.861 0.8625.
Comment: the pair is rebounding but stands below its resistance.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.8625*** Intraday resistance
0.861** Intraday resistance
0.858*** Intraday pivot point
0.8564 Last
0.854*** Intraday support
0.852** Intraday support
0.85** Intraday support
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