Pivot: 1.08
Our preference: Short positions below 1.08 with targets @ 1.022 0.97 in extension.
Alternative scenario: Above 1.08 look for further upside with 1.2 1.24 as targets.
Comment: The RSI lacks upward momentum. The pair remains in a 1.022 – 1.08 trading range area.
Supports and resistances:
1.24 **
1.2 **
1.08 ***
1.0447 Last
1.022 ***
0.97 **
0.9 *
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