Pivot: 1.1495
Our preference: Short positions below 1.1495 with targets @ 1.081 1.045 in extension.
Alternative scenario: Above 1.1495 look for further upside with 1.187 1.225 as targets.
Comment: The RSI is bearish and calls for further downside. The pair has broken below the lower boundary of a long-term bullish channel.
Supports and resistances:
1.225 **
1.187 **
1.1495 ***
1.1021 Last
1.081 ***
1.045 ***
1.019 **
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