Pivot: 1.4165.
Our Preference: SHORT positions @ 1.4155 with targets @ 1.4055 & 1.403.
Alternative scenario: The upside penetration of 1.4165 will call for a rebound towards 1.42 & 1.4275.
Comment: the RSI has broken below a MT rising trend line, the pair should face a down move towards its next support.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.4275** Intraday resistance
1.42** Intraday resistance
1.4165** Intraday pivot point
1.4118 Last
1.4055** Intraday support
1.403** Intraday support
1.397** Intraday support |
