Our pivot point stands at 1.1010.
Our preference
As long as 1.1010 is support look for 1.1090.
Alternative scenario
The downside breakout of 1.1010 would call for 1.0980 and 1.0970.
Comment
The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1031 and 1.1017).
Supports and resistances
1.1120 **
1.1100 *
1.1090 **
1.1070
1.1039 last
1.1020
1.1010 **
1.0980 *
1.0970 **
Number of asterisks represents the strength of support and resistance levels.


