Pivot: 96.65
Our Preference: LONG position above 96.65 with 101.5 103.8 in sight.
Alternative Scenario: Below 96.65 down move to 94.5 90.85.
Comment: the pair has validated a bullish flag and is pulling back on a rising trend line.
Trend: ST Consolidation; MT Bullish, we have been bullish since 2 JUL 2013 (99.93).
Key levels Comment
106.00 ** Horizontal resistance
103.80 *** Horizontal resistance
101.50 ** Horizontal resistance
98.51 Last
96.65 ** MT pivot point
94.50 *** Horizontal support
90.85 ** Horizontal support
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