Our preference: Long positions above 1.3485 with targets @ 1.3545 & 1.358 in extension.
Alternative scenario: Below 1.3485 look for further downside with 1.346 & 1.344 as targets.
Comment: technically, the RSI is above its neutrality area at 50.
Key levels
1.3605
1.358
1.3545
1.3531 last
1.3485
1.346
1.344
Pivot: 1.619
Our preference: Short positions below 1.619 with targets @ 1.61 & 1.607 in extension.
Alternative scenario: Above 1.619 look for further upside with 1.624 & 1.6275 as targets.
Comment: as long as 1.619 is resistance, likely decline to 1.61.
Key levels
1.6275
1.624
1.619
1.6152 last
1.61
1.607
1.6045
Pivot: 1.051
Our preference: Long positions above 1.051 with targets @ 1.0575 & 1.061 in extension.
Alternative scenario: Below 1.051 look for further downside with 1.045 & 1.041 as targets.
Comment: a support base at 1.051 has formed and has allowed for a temporary stabilisation.
Key levels
1.063
1.061
1.0575
1.05376 last
1.051
1.045
1.041
Pivot: 0.911
Our preference: Long positions above 0.911 with targets @ 0.9245 & 0.931 in extension.
Alternative scenario: Below 0.911 look for further downside with 0.9065 & 0.9 as targets.
Comment: technically, the RSI is above its neutrality area at 50.
Key levels
0.936
0.931
0.9245
0.91805 last
0.911
0.9065
0.9