Pivot: 1.5220.
Our preference: LONG positions above 1.522 with 1.5285 1.5315 in sight.
Alternative scenario: The downside penetration of 1.522 will call for a slide towards 1.5195 1.517.
Comment: the pair is facing a pull back on its new support, the RSI stands around its neutrality area.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.534** Intraday resistance
1.5315** Intraday resistance
1.5285*** Intraday resistance
1.5235 Last
1.522*** Intraday pivot point
1.5195*** Intraday support
1.517** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL