Pivot: 1.1385
Our preference: Long @ 1.141 with targets @ 1.1445 1.1485 in extension.
Alternative scenario: Below 1.1385 look for further downside with 1.1335 1.1295 as targets.
Comment: Technically the RSI is above its neutrality area at 50. The ascending 50-period moving average maintains a bullish bias.
Supports and resistances:
1.153
1.1485
1.1445
1.1416 Last
1.1385
1.1335
1.1295
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