Pivot: 1.0495
Our preference: Short positions below 1.0495 with targets @ 1.0425 1.0395 in extension.
Alternative scenario: Above 1.0495 look for further upside with 1.054 1.058 as targets.
Comment: as long as 1.0495 is resistance, look for choppy price action with a bearish bias.
Key levels
1.058
1.054
1.0495
1.0457 last
1.0425
1.0395
1.036
Copyright 1999 – 2013 TRADING CENTRAL