Key resistance at 0.9890.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 0.9890
Our preference
Short positions below 0.9890 with targets at 0.9865 & 0.9855 in extension.
Alternative scenario
Above 0.9890 look for further upside with 0.9915 & 0.9935 as targets.
Comment
As Long as the resistance at 0.9890 is not surpassed, the risk of the break below 0.9865
remains high.
