Pivot: 117.95
Our preference: Short positions below 117.95 with targets @ 115.6 114.95 in extension.
Alternative scenario: Above 117.95 look for further upside with 118.75 119.3 as targets.
Comment: As long as 117.95 is resistance, look for choppy price action with a bearish bias. The pair stands below its resistance and remains under pressure.
Supports and resistances:
119.3 **
118.75 ***
117.95 **
117.24 Last
115.6 ***
114.95 ***
114.25 ***
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