Pivot: 1.604
Our preference: Long positions above 1.604 with targets @ 1.612 1.615 in extension.
Alternative scenario: Below 1.604 look for further downside with 1.598 1.5935 as targets.
Comment: the pair has broken above its Broadening Formation resistance and is expected to rise towards 1.615.
Key levels
1.6175
1.615
1.612
1.6094 last
1.604
1.598
1.5935
Copyright 1999 – 2013 TRADING CENTRAL