Pivot: 128.4
Our preference: Long positions above 128.4 with targets @ 130 130.65 in extension.
Alternative scenario: Below 128.4 look for further downside with 127.25 125.5 as targets.
Comment: the pair has rebounded on its support and should reach its previous high.
Key levels
131.5
130.65
130
129.405 last
128.4
127.25
125.5
Copyright 1999 – 2013 TRADING CENTRAL