Pivot: 0.9400.
Our preference: SHORT positions below 0.94 with targets @ 0.9315 0.9265.
Alternative scenario: The upside penetration of 0.94 will call for 0.944 0.9475.
Comment: as long as the resistance at 0.94 is not surpassed, the risk of the break below 0.9315 remains high.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.9475* Intraday resistance
0.944* Intraday resistance
0.94*** Intraday pivot point
0.9358 Last
0.9315** Intraday support
0.9265** Fib projection
0.924** Intraday support
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