Morning guys
Pivot 3686
S1 3651
S2 3605
R1 3732
Alpari trading Central
Pivot: 1.3625
Our preference: Long positions above 1.3625 with targets @ 1.3735 & 1.3805 in extension.
Alternative scenario: Below 1.3625 look for further downside with 1.3575 & 1.3525 as targets.
Comment: the pair remains supported by a key rising trend line, but the RSI is showing slightly bearish divergence, calling for caution.
Key levels
1.3865
1.3805
1.3735
1.37 last
1.3625
1.3575
1.3525
Pivot 3686
S1 3651
S2 3605
R1 3732
Alpari trading Central
Pivot: 1.3625
Our preference: Long positions above 1.3625 with targets @ 1.3735 & 1.3805 in extension.
Alternative scenario: Below 1.3625 look for further downside with 1.3575 & 1.3525 as targets.
Comment: the pair remains supported by a key rising trend line, but the RSI is showing slightly bearish divergence, calling for caution.
Key levels
1.3865
1.3805
1.3735
1.37 last
1.3625
1.3575
1.3525