Pivot: 1.046
Our preference: Short positions below 1.046 with targets @ 1.0395 1.036 in extension.
Alternative scenario: Above 1.046 look for further upside with 1.0485 1.0525 as targets.
Comment: as long as the resistance at 1.046 is not surpassed, the risk of the break below 1.0395 remains high.
Key levels
1.0525
1.0485
1.046
1.0434 last
1.0395
1.036
1.031
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