The pair provided positive trading during the early trading session for the current session within the expected technical outlook for the second retesting target at 110.30 recording the highest of 111.37 from today's technical analysis. Despite the overbought intraday buying on Stochastic, RSI is defending Further rally to visit 111.70 first target extended to 112.00 taking into account that the return of stability of trading below 110.20 will stop the proposed scenario completely and lead the pair to the basic path to retest 109.00.
Support Levels: 109.80-108.50 - 107.70
Resistance Levels: 111.90- 112.70- 114.00
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