Pivot: 96.90.
Our preference: SHORT positions below 96.9 with 95.7 95.15 as next targets.
Alternative scenario: The upside breakout of 96.9 will open the way to 97.45 97.8.
Comment: the pair is rebounding but stands below its resistance.
Trend: ST Consolidation; MT Bullish
Key levels Comment
97.8** Intraday resistance
97.45** Intraday resistance
96.9*** Intraday pivot point
96.48 Last
95.7*** Intraday support
95.15** Intraday support
94.8** Intraday support
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