Pivot: 1.6395
Our preference: Short positions below 1.6395 with targets @ 1.6295 1.625 in extension.
Alternative scenario: Above 1.6395 look for further upside with 1.644 1.648 as targets.
Comment: as long as the resistance at 1.6395 is not surpassed, the risk of the break below 1.6295 remains high.
Key levels
1.648
1.644
1.6395
1.6366 last
1.6295
1.625
1.6215
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