Pivot: 0.9600.
Our preference: SHORT positions below 0.96 with 0.951 0.9465 as next targets.
Alternative scenario: The upside penetration of 0.96 will call for 0.966 0.9705.
Comment: the pair is posting a rebound but stands below its resistance.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.9705** Intraday resistance
0.966*** Intraday resistance
0.96*** Intraday pivot point
0.955 Last
0.951*** Intraday support
0.9465** Intraday support
0.9435*** Intraday support
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