Pivot: 1.1355
Our preference: Short positions below 1.1355 with targets @ 1.1275 1.1225 in extension.
Alternative scenario: Above 1.1355 look for further upside with 1.139 1.143 as targets.
Comment: The RSI lacks upward momentum. The pair is posting a rebound but stands below its resistance.
Supports and resistances:
1.143 ***
1.139 **
1.1355 **
1.1336 Last
1.1275 ***
1.1225 ***
1.118 **
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