Pivot: 148.10
Our Preference: LONG position above 148.1 with 163.1 166 in sight.
Alternative scenario: Below 148.1 look for further weakness to 145.65.
Comment: the pair remains on the upside and is breaking above its previous high.
Trend: ST Consolidation; MT Bullish, we have been bullish since 12 SEP 2012 (124.57).
Key levels Comment
171.00** Horizontal resistance
166.00** Horizontal resistance
163.10*** Horizontal resistance
158.04 Last
148.10*** MT pivot point
145.65*** Horizontal support
140.40** Horizontal support
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