Pivot: 99.45.
Our preference: SHORT positions below 99.45 with 98.45 98.15 as next targets.
Alternative scenario: The upside penetration of 99.45 will call for a rebound towards 99.95 100.45.
Comment: the pair has broken below a rising trend line and remains under pressure.
Trend: ST Consolidation; MT Bullish
Key levels Comment
100.45*** Intraday resistance
99.95** Intraday resistance
99.45*** Intraday pivot point
98.76 Last
98.45*** Intraday support
98.15*** Intraday support
97.65** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL