Pivot: 1.275
Our preference: Long positions above 1.275 with targets @ 1.2825 1.289 in extension.
Alternative scenario: Below 1.275 look for further downside with 1.268 1.262 as targets.
Comment: The RSI has just landed on its neutrality area at 50% and is turning up. The pair stands above its support.
Supports and resistances:
1.294 *
1.289 **
1.2825 **
1.2790 Last
1.275 **
1.268 ***
1.262 ***
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