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Pivot

1.0745

Our preference

Long positions above 1.0745 with targets at 1.0775 & 1.0800 in extension.

Alternative scenario

Below 1.0745 look for further downside with 1.0710 & 1.0685 as targets.

Comment

A support base at 1.0745 has formed and has allowed for a temporary stabilisation.

Supports and resistances

1.0815

1.0800

1.0775

1.0750 Last

1.0745

1.0710

1.0685

Number of asterisks represents the strength of support and resistance levels.