Pivot: 0.9735.
Our preference: SHORT positions below 0.9735 with targets @ 0.9625 0.9585.
Alternative scenario: The upside penetration of 0.9735 will call for a rebound towards 0.9775 0.984.
Comment: the pair stands below its resistance and remains under pressure, the RSI is badly directed.
Trend: ST Consolidation; MT Bullish
Key levels Comment
0.984*** Intraday resistance
0.9775** Intraday resistance
0.9735*** Intraday pivot point
0.967 Last
0.9625** Intraday support
0.9585** Intraday support
0.954** Intraday support
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