Pivot: 0.9400
Our preference: Up move expected towards 0.9650 0.9870.
Alternative scenario: A downside breakout of 0.94 would call for further weakness to 0.9240.
Comment: the pair is facing a pull back on its support, caution.
Trend: ST Ltd Upside; MT Range, we have been bullish since 15 MAY 2013 (0.9702).
Key levels Comment
0.9970*** Horizontal resistance
0.9870** Horizontal resistance
0.9650*** Horizontal resistance
0.9428 Last
0.9400 ** MT pivot point
0.9240 ** Horizontal support
0.9150 ** Horizontal support
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