Pivot: 99.70.
Our preference: LONG positions above 99.7 with targets @ 100.5 100.8.
Alternative scenario: The downside penetration of 99.7 will call for a slide towards 99.45 99.1.
Comment: the pair remains on the upside and is challenging its resistance.
Trend: ST Ltd Upside; MT Range
Key levels Comment
101.2** Intraday resistance
100.8*** Intraday resistance
100.5*** Intraday resistance
100.24 Last
99.7** Intraday pivot point
99.45*** Intraday support
99.1*** Intraday support
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