Pivot: 0.7755
Our preference: LONG above 0.7755 with targets @ 0.8450 0.8675.
Alternative scenario: Below 0.7755 look for decline towards 0.7335.
Comment: the upside breakout of the 0.8150 key resistance area has turned the outlook bullish.
Trend: ST Consolidation; MT Bullish, we have been bullish since 18 SEP 2013 (0.8213).
Key levels Comment
0.8845*** Horizontal resistance
0.8675*** Horizontal resistance
0.8450*** Horizontal resistance
0.823 Last
0.7755*** MT pivot point
0.7450** Horizontal support
0.7335** Horizontal support
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