Pivot: 101.50
Our Preference: SHORT position below 101.5 with 94.5 90.85 in sight.
Alternative Scenario: Above 101.5 up move to 103.8 106.
Comment: the pair has broken below its support and remains under pressure.
Trend: ST Ltd Downside; MT Range, we have been bearish since 9 OCT 2013 (97.34).
Key levels Comment
106.00 ** Horizontal resistance
103.80 *** Horizontal resistance
101.50 ** MT pivot point
97.34 Last
94.50 *** Horizontal support
90.85 ** Horizontal support
88.00 ** Horizontal support
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