Pivot point trading: 1.5535
Recommendation: to engage in sales under 1.5535 with targetlevels at 1.5447 & 1.543 along the downward movement
Alternative scenario: If you rise above 1.5535, it is expected that the price continues to rise toward levels of 1.5585 & 1.5625
Comment: The pair recorded a bullish rebound, but it is locatedbelow the level of resistance
Levels of resistance
1.5625
1.5585
1.5535
Recent price: 1.5522
Levels of support
1.547
1.543
1.5405
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