Pivot: 97.55.
Our preference: SHORT positions below 97.55 with 97.1 96.8 in sight.
Alternative scenario: The upside penetration of 97.55 will call for a rebound towards 97.8 98.2.
Comment: the pair stands below its resistance and remains under pressure.
Trend: ST Ltd Downside; MT Range
Key levels Comment
98.2*** Intraday resistance
97.8** Intraday resistance
97.55*** Intraday pivot point
97.34 Last
97.1*** Intraday support
96.8** Intraday support
96.55*** Intraday support
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