Pivot: 0.63
Our preference: Short positions below 0.63 with targets @ 0.622 0.619 in extension.
Alternative scenario: Above 0.63 look for further upside with 0.633 0.636 as targets.
Comment: As long as 0.63 is resistance, look for choppy price action with a bearish bias. The pair has broken below a rising trend line and remains on the downside.
Supports and resistances:
0.636 ***
0.633 ***
0.63 ***
0.6265 Last
0.622 *
0.619 *
0.617 **
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