Pivot: 1.217
Our preference: Long positions above 1.217 with targets @ 1.2215 1.2235 in extension.
Alternative scenario: Below 1.217 look for further downside with 1.2135 1.211 as targets.
Comment: the break above 1.217 is a positive signal that has opened a path to 1.2215. The pair has broken above a declining trend line in place since late January.
Supports and resistances:
1.2255
1.2235
1.2215
1.2197 Last
1.217
1.2135
1.211
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