Pivot: 1.3770.
Our preference: LONG positions above 1.377 with 1.383 1.386 in sight.
Alternative scenario: The downside penetration of 1.377 will call for 1.3735 1.37.
Comment: the pair is facing a pull back and is challenging its support.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.389** Horizontal resistance
1.386** Horizontal resistance
1.383*** Horizontal resistance
1.3778 Last
1.377*** Intraday pivot point
1.3735** Intraday support
1.37*** Intraday support
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