Pivot: 1.3100
Our Preference: LONG position above 1.31 with 1.3710 in sight.
Alternative Scenario: Below 1.31 down move to 1.299 1.275.
Comment: the upside breakout of the 1.34 former resistance area calls for a rise towards the 1.371 strong resistance.
Trend: ST Ltd Upside; MT Range, we have been bullish since 21 AUG 2013 (1.3384).
Key levels Comment
1.4245*** Horizontal resistance
1.3970** Horizontal resistance
1.3710*** Horizontal resistance
1.355 Last
1.3100** MT pivot point
1.2990** Horizontal support
1.2750** Horizontal support
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