Pivot
(invalidation):
0.9995
Our preference
Short positions below 0.9995 with targets at 0.9970 & 0.9960 in extension.
Alternative scenario
Above
0.9995 look for further upside with 1.0005 & 1.0015 as targets.
Comment
Technically the RSI is below its neutrality area at 50. The pair has swung back to the lower
Bollinger band
suggesting potential of further downside.
