Pivot: 1.6065.
Our preference: SHORT positions below 1.6065 with 1.602 1.598 as next targets.
Alternative scenario: The upside penetration of 1.6065 will call for a rebound towards 1.61 1.614.
Comment: the pair is rebounding but stands below its resistance.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.614** Intraday resistance
1.61*** Intraday resistance
1.6065*** Intraday pivot point
1.605 Last
1.602*** Intraday support
1.598** Intraday support
1.595*** Intraday support
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