Pivot: 0.828
Our preference: Long positions above 0.828 with targets @ 0.835 0.8375 in extension.
Alternative scenario: Below 0.828 look for further downside with 0.8245 0.8215 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. the pair is trading in a bullish channel.
Supports and resistances:
0.841
0.8375
0.835
0.8301 Last
0.828
0.8245
0.8215
Copyright 1999 – 2014 TRADING CENTRAL