Pivot: 102.75.
Our preference: LONG positions above 102.75 with 103.35 103.7 as next targets.
Alternative scenario: The downside penetration of 102.75 will call for a slide towards 102.45 102.
Comment: the pair remains on the upside and is challenging its previous high.
Trend: ST Ltd Upside; MT Bullish
Key levels Comment
104.1** Intraday resistance
103.7** Intraday resistance
103.35*** Intraday resistance
103.29 Last
102.75*** Intraday pivot point
102.45** Intraday support
102*** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL