Pivot: 1.416
Our preference: short positions below 1.416 with targets @ 1.402 1.3985 in extension.
Alternative scenario: above 1.416 look for further upside with 1.42 1.426 as targets.
Comment: as long as 1.416 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.426 ***
1.42 ***
1.416 ***
1.4082 Last
1.402 ***
1.3985 **
1.395 ***
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