Weekly chart is also bullish.
Pivot
0.8515
Our preference
Long positions above 0.8515 with targets at 0.8644 & 0.8690 in extension.
Alternative scenario
Below 0.8515 look for further downside with 0.8460 & 0.8410 as targets.
Comment
The RSI calls for a new upleg.
Supports and resistances
0.8725
0.8690
0.8644
0.8605 Last
0.8515
0.8460
0.8410
Number of asterisks represents the strength of support and resistance levels.
Pivot
0.8515
Our preference
Long positions above 0.8515 with targets at 0.8644 & 0.8690 in extension.
Alternative scenario
Below 0.8515 look for further downside with 0.8460 & 0.8410 as targets.
Comment
The RSI calls for a new upleg.
Supports and resistances
0.8725
0.8690
0.8644
0.8605 Last
0.8515
0.8460
0.8410
Number of asterisks represents the strength of support and resistance levels.