Pivot: 1.1495
Our preference: Short positions below 1.1495 with targets @ 1.045 1.019 in extension.
Alternative scenario: Above 1.1495 look for further upside with 1.173 1.205 as targets.
Comment: The RSI is bearish and calls for further downside. The pair has broken below the lower boundary of a bullish channel.
Supports and resistances:
1.205 **
1.173 **
1.1495 ***
1.0722 Last
1.045 ***
1.019 ***
0.985 **
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