Pivot: 137
Our preference: Short positions below 137 with targets @ 136.2 135.95 in extension.
Alternative scenario: Above 137 look for further upside with 137.3 137.7 as targets.
Comment: As long as 137 is resistance, look for choppy price action with a bearish bias. The pair has broken below its support and remains under pressure.
Supports and resistances:
137.7
137.3
137
136.73 Last
136.2
135.95
135.7
Copyright 1999 – 2014 TRADING CENTRAL