Pivot: 93.50
Our Preference: LONG position above 93.5 with 103.8 106 in sight.
Alternative Scenario: Below 93.5 down move to 90.85 87.5.
Comment: the pair has rebounded and is breaking above its resistance as the RSI is well directed.
Trend: ST Ltd Upside; MT Range, we have been bullish since 2 JUL 2013 (99.93).
Key levels Comment
108.50 *** Horizontal resistance
106.00 ** Horizontal resistance
103.80 *** Horizontal resistance
99.36 Last
93.50 *** MT pivot point
90.85 *** Horizontal support
87.50 ** Horizontal support
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