Pivot: 1.571
Our preference: Long positions above 1.571 with targets @ 1.58 1.583 in extension.
Alternative scenario: Below 1.571 look for further downside with 1.5665 1.563 as targets.
Comment: The RSI is mixed with a bullish bias. The pair broke above the upper boundary of a bearish channel.
Supports and resistances:
1.5865 **
1.583 **
1.58 *
1.5754 Last
1.571 ***
1.5665 **
1.563 **
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