Key resistance at 1.1020
Pivot (invalidation): 1.1020
Short positions below 1.1020 with targets at 1.1000 & 1.0985 in extension.
Above 1.1020 look for further upside with 1.1035 & 1.1055 as targets.
The upward potential is likely to be limited by the resistance at 1.1020.
Pivot (invalidation): 1.2350
Short positions below 1.2350 with targets at 1.2310 & 1.2290 in extension.
Above 1.2350 look for further upside with 1.2375 & 1.2400 as targets.
As Long as the resistance at 1.2350 is not surpassed, the risk of the break below 1.2310 remains high.
Pivot (invalidation): 107.80
Long positions above 107.80 with targets at 108.25 & 108.50 in extension.
Below 107.80 look for further downside with 107.65 & 107.45 as targets.
The RSI calls for a new upleg.
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