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Pivot

1.1110

Our preference

Long positions above 1.1110 with targets at 1.1145 & 1.1165 in extension.

Alternative scenario

Below 1.1110 look for further downside with 1.1095 & 1.1085 as targets.

Comment

A support base at 1.1110 has formed and has allowed for a temporary stabilisation.

Supports and resistances

1.1190

1.1165

1.1145

1.1125 Last

1.1110

1.1095

1.1085

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