Pivot: 0.9360.
Our preference: LONG positions above 0.936 with 0.9475 0.953 in sight.
Alternative scenario: The downside penetration of 0.936 will call for 0.9315 0.9265.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.9555*** Intraday resistance
0.953** Intraday resistance
0.9475** Intraday resistance
0.9416 Last
0.936*** Intraday pivot point
0.9315** Intraday support
0.9265*** Intraday support
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