Pivot: 1.2675
Our preference: Long positions above 1.2675 with targets @ 1.277 1.2795 in extension.
Alternative scenario: Below 1.2675 look for further downside with 1.2645 1.261 as targets.
Comment: The RSI is bullish and calls for further upside. The pair has broken above a key resistance and remains on the upside.
Supports and resistances:
1.284
1.2795
1.277
1.2735 Last
1.2675
1.2645
1.261
Copyright 1999 – 2014 TRADING CENTRAL