Pivot: 92.50
Our Preference: LONG position above 92.5 with 99.9 101.25 in sight.
Alternative Scenario: Below 92.5 down move to 90.2 87.5.
Comment: the pair remains on the upside and is approaching its previous high.
Trend: ST Consolidation; MT Bullish, we have been bullish since 2 NOV 2012 (80.59).
Key levels Comment
103.80 *** Horizontal resistance
101.25 *** Horizontal resistance
99.90 *** Horizontal resistance
99.04 Last
92.50 *** MT pivot point
90.20 ** Horizontal support
87.50 ** Horizontal support
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