Pivot: 0.9560
Our preference: Down move expected towards 0.90 0.89.
Alternative scenario: An upside breakout of 0.9560 would call for further advance to 0.9750.
Comment: the pair is breaking below a rising trend line in place since October 2011.
Trend: ST Ltd Downside; MT Range, we have been bullish since 8 JUL 2013 (0.9648).
Key levels Comment
0.9840 *** Horizontal resistance
0.9750 *** Horizontal resistance
0.9560 *** MT pivot point
0.9196 Last
0.9000 *** Horizontal support
0.8900 ** Horizontal support
0.8720 ** Horizontal support
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