Pivot: 0.843
Our preference: Long positions above 0.843 with targets @ 0.85 0.8525 in extension.
Alternative scenario: Below 0.843 look for further downside with 0.8395 0.834 as targets.
Comment: the pair is drawing a Bullish Flag pattern. The upside breakout of 0.85 will trigger a bullish acceleration.
Key levels
0.8555
0.8525
0.85
0.8449 last
0.843
0.8395
0.834
Copyright 1999 – 2013 TRADING CENTRAL