Pivot: 1.3140.
Our preference: SHORT positions below 1.314 with 1.299 1.295 as next targets.
Alternative scenario: The upside penetration of 1.314 will call for a rebound towards 1.3205 1.325.
Comment: the pair stands below its previous high and remains under pressure.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.325*** Intraday resistance
1.3205*** Intraday resistance
1.314** Intraday pivot point
1.3074 Last
1.299*** Intraday support
1.295*** Intraday support
1.2915** Intraday support
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