Pivot: 1.11
Our preference: short positions below 1.11 with targets @ 1.045 & 1.019 in extension.
Alternative scenario: above 1.11 look for further upside with 1.1495 & 1.172 as targets.
Comment: the RSI lacks upward momentum. The pair stands below its strong resistance @ 1.11.
Supports and resistances:
1.172 ***
1.1495 ***
1.11 ***
1.0822 Last
1.045 ***
1.019 ***
0.985 **
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