Pivot: 1.3265.
Our preference: LONG positions above 1.3265 with targets @ 1.3345 1.338.
Alternative scenario: The downside penetration of 1.3265 will call for a slide towards 1.323 1.3195.
Comment: the pair remains on the upside and is approaching its strong resistance.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.3415** Horizontal resistance
1.338** Horizontal resistance
1.3345*** Horizontal resistance
1.3298 Last
1.3265*** Intraday pivot point
1.323*** Intraday support
1.3195*** Intraday support
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