Pivot: 1.0965
Our preference: Long positions above 1.0965 with targets @ 1.101 1.103 in extension.
Alternative scenario: Below 1.0965 look for further downside with 1.094 1.0915 as targets.
Comment: The RSI is mixed and calls for caution. The pair is trading in a slightly ascending channel but technical indicators are losing upside momentum, this call for caution.
Supports and resistances:
1.1045
1.103
1.101
1.0984 Last
1.0965
1.094
1.0915
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