Pivot: 0.9560
Our preference: Down move expected towards 0.9150 0.9030.
Alternative scenario: An upside breakout of 0.9560 would call for further advance to 0.9750.
Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed.
Trend: ST Ltd Downside; MT Range, we have been bearish since 17 APR 2013 (0.9255).
Key levels Comment
0.9870 ** Horizontal resistance
0.9750 *** Horizontal resistance
0.9560 *** MT pivot point
0.9255 Last
0.9150 ** Horizontal support
0.9030 *** Horizontal support
0.8930 ** Horizontal support
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