Pivot: 1.089
Our preference: Short positions below 1.089 with targets @ 1.0835 1.081 in extension.
Alternative scenario: Above 1.089 look for further upside with 1.0925 1.096 as targets.
Comment: The upward potential is likely to be limited by the resistance at 1.089. The pair has broken below the lower boundary of a bullish channel.
Supports and resistances:
1.096
1.0925
1.089
1.0875 Last
1.0835
1.081
1.074
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