Pivot
(invalidation):
1.0970
Our preference
Long positions above 1.0970 with targets at 1.1000 & 1.1015 in extension.
Alternative scenario
Below
1.0970 look for further downside with 1.0955 & 1.0940 as targets.
Comment
The RSI is bullish and calls for further advance. The pair has validated a bullish «flag»
continuation pattern
while advancing further.
(By Swissquote TRADING CENTRAL)
