Pivot: 1.364
Our preference: Long positions above 1.364 with targets @ 1.405 1.4245 in extension.
Alternative scenario: Below 1.364 look for further downside with 1.345 1.33 as targets.
Comment: The pair has validated a ST falling wedge (continuation pattern), calling for further advance.
Supports and resistances:
1.454
1.4245
1.405
1.3835 Last
1.364
1.345
1.33
Copyright 1999 – 2014 TRADING CENTRAL