Pivot: 1.56
Our preference: Short positions below 1.56 with targets @ 1.553 1.5485 in extension.
Alternative scenario: Above 1.56 look for further upside with 1.563 1.566 as targets.
Comment: As long as 1.56 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.566 **
1.563 **
1.56 ***
1.5568 Last
1.553 *
1.5485 **
1.545 **
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