Pivot: 1.1920
Our preference: long positions above 1.1920 with targets at 1.1960 & 1.1990 in extension.
Alternative scenario: below 1.1920 look for further downside with 1.1900 & 1.1865 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.2030
1.1990
1.1960
1.1944 Last
1.1920
1.1900
1.1865
Our preference: long positions above 1.1920 with targets at 1.1960 & 1.1990 in extension.
Alternative scenario: below 1.1920 look for further downside with 1.1900 & 1.1865 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.2030
1.1990
1.1960
1.1944 Last
1.1920
1.1900
1.1865