

0
77
Pivot
(invalidation):
0.9940
Our preference
Short positions below 0.9940 with targets at 0.9915 & 0.9895 in extension.
Alternative scenario
Above
0.9940 look for further upside with 0.9955 & 0.9970 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.9940.