Short positions below 1.1020 with targets at 1.0900 & 1.0850 in extension.
Pivot: 1.1020
Our preference: short positions below 1.1020 with targets at 1.0900 & 1.0850 in extension.
Alternative scenario: above 1.1020 look for further upside with 1.1055 & 1.1090 as targets.
Comment: as long as the resistance at 1.1020 is not surpassed, the risk of the break below 1.0900 remains high.
Supports and resistances:
1.1090
1.1055
1.1020
1.0947 Last
1.0900
1.0850
1.0810