Pivot: 0.964
Our preference: Short positions below 0.964 with targets @ 0.9495 0.944 in extension.
Alternative scenario: Above 0.964 look for further upside with 0.972 0.9765 as targets.
Comment: As long as 0.964 is resistance, look for choppy price action with a bearish bias. The pair stands below its resistance and remains under pressure.
Supports and resistances:
0.9765 **
0.972 **
0.964 ***
0.9585 Last
0.9495 **
0.944 ***
0.939 **
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