Long positions above 1.45 with targets at 1.57 & 1.60 in extension.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) | Limited Rise |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) | Bullish |
Change In Medium Term View | None |
Pivot: 1.45 

Our preference: long positions above 1.45 with targets at 1.57 & 1.60 in extension.
Alternative scenario: below 1.45 look for further downside with 1.36 & 1.32 as targets.
Comment: the RSI is supported by a rising trend line.
Supports : 1.65 - 1.60 - 1.57 -1.49 Last
Resistances: 1.45 - 1.36- 1.32

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