Pivot: 137.50
Our Preference: LONG position above 137.5 with 144.75 148 in sight.
Alternative scenario: Below 137.5 look for further weakness to 133.25.
Comment: the pair has struck against its resistance and should face a pull back ahead of further advance.
Trend: ST Consolidation; MT Bullish, we have been bullish since 12 SEP 2012 (124.57).
Key levels Comment
150.00** Horizontal resistance
148.00*** Horizontal resistance
144.75*** Horizontal resistance
141.17 Last
137.50*** MT pivot point
133.25*** Horizontal support
129.50** Horizontal support
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