39-69 pip bullish move up

Pivot

1.2860

My preference

Long positions above 1.2860 with targets at 1.2950 & 1.2980 in extension.

Alternative scenario

Below 1.2860 look for further downside with 1.2835 & 1.2810 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.3000

1.2980

1.2950

1.2911 Last

1.2860

1.2835

1.2810