Pivot: 1.5300.
Our preference: SHORT positions @ 1.5285 with 1.5185 1.5135 in sight.
Alternative scenario: The upside penetration of 1.53 will call for 1.5345 1.54.
Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.54*** Intraday resistance
1.5345*** Intraday resistance
1.53*** Intraday pivot point
1.5268 Last
1.5185*** Intraday support
1.5135** Intraday support
1.51** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL