Pivot: 0.9715.
Our preference: SHORT positions below 0.9715 with 0.9635 0.959 in sight.
Alternative scenario: The upside penetration of 0.9715 will call for a rebound towards 0.975 0.98.
Comment: the 0.9715 strong resistance area maintains a downside pressure.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.98* Fib projection
0.975* Intraday resistance
0.9715*** Intraday pivot point
0.9686 Last
0.9635* Intraday support
0.959** Intraday support
0.9545*** Intraday support
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