Pivot: 1.081
Our preference: Long positions above 1.081 with targets @ 1.156 1.19 in extension.
Alternative scenario: Below 1.081 look for further downside with 1.045 1.02 as targets.
Comment: The RSI lacks momentum. The break above 1.081 is a positive signal calling for a continuation of the rebound.
Supports and resistances:
1.225 **
1.19 **
1.156 ***
1.1196 Last
1.081 ***
1.045 **
1.02 **
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