Pivot: 1.1245
Our preference: short positions below 1.1245 with targets @ 1.1165 & 1.1120 in extension.
Alternative scenario: above 1.1245 look for further upside with 1.1290 & 1.1345 as targets.
Comment: technically the RSI is below its neutrality area at 50. The pair remains within a bearish channel.
Supports and resistances:
1.1345 ***
1.1290 ***
1.1245 ***
1.1216 Last
1.1165 **
1.1120 ***
1.1055 ***
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