Pivot: 1.694
Our preference: Short positions below 1.694 with targets @ 1.6885 1.685 in extension.
Alternative scenario: Above 1.694 look for further upside with 1.6965 1.7 as targets.
Comment: The upward potential is likely to be limited by the resistance at 1.694. The pair stands below its new resistance and remains under pressure.
Supports and resistances:
1.7
1.6965
1.694
1.6921 Last
1.6885
1.685
1.6815
Copyright 1999 – 2014 TRADING CENTRAL