Pivot: 1.2545
Our preference: Short positions below 1.2545 with targets @ 1.2435 1.236 in extension.
Alternative scenario: Above 1.2545 look for further upside with 1.259 1.2665 as targets.
Comment: The upward potential is likely to be limited by the resistance at 1.2545. The pair is posting a rebound but stands below its resistance.
Supports and resistances:
1.2665
1.259
1.2545
1.2525 Last
1.2435
1.236
1.2305
Copyright 1999 – 2014 TRADING CENTRAL