Pivot: 127.50
Our Preference: LONG position above 127.5 with 134 138.45 in sight.
Alternative Scenario: Below 127.5 down move to 124.5 118.5.
Comment: the pair has validated a continuation triangle which calls for further advance.
Trend: ST Ltd Upside; MT Bullish, we have been bullish since 9 SEP 2012 (102.3).
Key levels Comment
143.00 ** Horizontal resistance
138.45 *** Horizontal resistance
134.00 ** Horizontal resistance
132.96 Last
127.50*** MT pivot point
124.50*** Horizontal support
118.50*** Horizontal support
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