Pivot: 0.8050
Our preference: LONG above 0.805 with targets @ 0.8450 0.8675.
Alternative scenario: Below 0.805 look for decline towards 0.785.
Comment: the pair remains on the upside and is challenging its resistance.
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
0.8302 Last
0.8050 *** MT pivot point
0.7850 ** Horizontal support
0.7700*** Horizontal support
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