Pivot: 1.236
Our preference: Long positions above 1.236 with targets @ 1.2455 1.248 in extension.
Alternative scenario: Below 1.236 look for further downside with 1.234 1.2305 as targets.
Comment: The RSI is well directed. The pair has rebounded above its support and is approaching its previous top.
Supports and resistances:
1.2505 ***
1.248 ***
1.2455 ***
1.2445 Last
1.236 ***
1.234 ***
1.2305 ***
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