Short positions below 1.0980 with targets at 1.0920 & 1.0900 in extension.
Pivot: 1.0980

Our preference: short positions below 1.0980 with targets at 1.0920 & 1.0900 in extension.

Alternative scenario: above 1.0980 look for further upside with 1.1000 & 1.1020 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:
1.1020 **
1.1000 ***
1.0980 **
1.0945 Last
1.0920 ***
1.0900 ***
1.0870 ***



Long positions above 112.45 with targets at 112.85 & 113.05 in extension.
Pivot: 112.45

Our preference: long positions above 112.45 with targets at 112.85 & 113.05 in extension.

Alternative scenario: below 112.45 look for further downside with 112.10 & 111.90 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
113.30 **
113.05 ***
112.85 ***
112.65 Last
112.45 ***
112.10 ***
111.90 ***

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