Pivot: 1.3525.
Our preference: SHORT positions below 1.3525 with 1.345 1.341 as next targets.
Alternative scenario: The upside penetration of 1.3525 will call for 1.3565 1.36.
Comment: the pair is rebouding but stands below its strong resistance.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.36** Horizontal resistance
1.3565*** Horizontal resistance
1.3525*** Intraday pivot point
1.3506 Last
1.345*** Intraday support
1.341** Intraday support
1.3365** Intraday support
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