Pivot: 100.00
Our Preference: SHORT position below 100 with 90.85 87.5 in sight.
Alternative Scenario: Above 100 up move to 103.8 106.
Comment: the pair has broken below its 100-psychological support and remains below its 50-day moving average.
Trend: ST Ltd Downside; MT Range, we have been bearish since 19 JUN 2013 (95.06).
Key levels Comment
106.00 ** Horizontal resistance
103.80 *** Horizontal resistance
100.00 *** MT pivot point
97.6 Last
90.85 *** Horizontal support
87.50 ** Horizontal support
84.00 *** Horizontal support
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