Pivot: 1.5205.
Our preference: LONG positions above 1.5205 with 1.528 1.533 in sight.
Alternative scenario: The downside penetration of 1.5205 will call for 1.5155 1.511.
Comment: the break above 1.5205 is a positive signal that has opened a path to 1.528.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.538** Fib retracement (50%)
1.533** Fib retracement (38.2%)
1.528** Intraday resistance
1.5245 Last
1.5205**** Intraday pivot point
1.5155** Intraday support
1.511** Fib projection
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