Pivot: 1.33
Our preference: Short positions below 1.33 with targets @ 1.324 1.3215 in extension.
Alternative scenario: Above 1.33 look for further upside with 1.3325 1.334 as targets.
Comment: The RSI has struck against a major resistance around 70% and is reversing down. The pair is posting a rebound but stands below its resistance and remains under pressure.
Supports and resistances:
1.334
1.3325
1.33
1.3279 Last
1.324
1.3215
1.32
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