Pivot: 1.0125
Our preference: Long positions above 1.0125 with targets @ 1.02 1.0235 in extension.
Alternative scenario: Below 1.0125 look for further downside with 1.0105 1.008 as targets.
Comment: the pair has broken above a declining trend line turning the outlook bullish.
Key levels
1.026
1.0235
1.02
1.01832 last
1.0125
1.0105
1.008
Copyright 1999 – 2013 TRADING CENTRAL