Pivot
(invalidation):
0.9890
Our preference
Short positions below 0.9890 with targets at 0.9850 & 0.9830 in extension.
Alternative scenario
Above
0.9890 look for further upside with 0.9905 & 0.9925 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited
