Pivot: 98.15.
Our preference: SHORT positions below 98.15 with 97.5 97.1 in sight.
Alternative scenario: The upside breakout of 98.15 will open the way to 98.55 99.
Comment: the pair is rebounding but stands below its strong resistance.
Trend: ST Ltd Downside; MT Range
Key levels Comment
99** Intraday resistance
98.55** Intraday resistance
98.15*** Intraday pivot point
98.02 Last
97.5* Intraday support
97.1** Intraday support
96.8** Intraday support
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