Pivot: 93.70.
Our preference: LONG positions above 93.7 with 94.9 95.15 as next targets.
Alternative scenario: The downside penetration of 93.7 will call for a slide towards 93.3 93.05.
Comment: the pair has broken above its resistance and remains on the upside, the RSI is well directed but is also overbought.
Trend: ST Consolidation; MT Bullish
Key levels Comment
95.5** Intraday resistance
95.15** Intraday resistance
94.9** Intraday resistance
94.78 Last
93.7*** Intraday pivot point
93.3** Intraday support
93.05*** Intraday support
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