Pivot: 1.6020.
Our preference: SHORT positions below 1.602 with targets @ 1.5955 1.593.
Alternative scenario: The upside penetration of 1.602 will call for 1.6065 1.611.
Comment: the pair has struck against its resistance and remains under pressure.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.611*** Intraday resistance
1.6065** Intraday resistance
1.602*** Intraday pivot point
1.5982 Last
1.5955*** Intraday support
1.593*** Intraday support
1.588*** Intraday support
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