Pivot: 0.9660.
Our preference: LONG positions above 0.966 with targets @ 0.975 0.98.
Alternative scenario: The downside penetration of 0.966 will call for a slide towards 0.963 0.959.
Comment: the pair is drawing a pullback towards a former bearish channel upper boundary.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.986** Intraday resistance
0.98** Intraday resistance
0.975** Intraday resistance
0.9686 Last
0.966*** Intraday pivot point
0.963** Intraday support
0.959*** Intraday support
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