The pair is testing the zone of support 1.11820 (main weekly pivot) – 1.11697 (main daily pivot). AO indicator is in the positive zone, above the line of balance and the line of support/resistance. If the pair continues to grow and fixes above the area of MA200 and older movings 1.12000-1.12070, our reference will be the main monthly pivot 1.12301. The next target is the area 1.12598 (weekly pivot R1)-1.12792.
If we fix below the zone of support, our reference will be the area 1.11334 (monthly pivot S1)-1.11224 (weekly pivot S1). Then we have a way to the level 1.10692.
Daily levels of support: 1.11697, 1.11334, 1.10962
Daily levels of resistance: 1.11820, 1.12301, 1.12598
The pair is lying currently in an area of the main daily pivot 1.23805. AO indicator is in the negative zone, above the line of balance and the line of support/resistance. We have two upside minimums. If the pair growth, the nearest resistance will be the main weekly pivot 1.24635. The next target is the area 1.25333-1.25829 (monthly pivot S2).
A lower target is the area 1.22790-1.22506 (monthly pivot S3). A further target is the level 1.21262.
Daily levels of support: 1.22790, 1.22506, 1.21262
Daily levels of resistance: 1.24635, 1.25333, 1.25829
The pair met a support at the main weekly pivot 102.716. AO indicator is in the negative zone, below the line of balance and the line of support/resistance. If the pair fixes above the main daily pivot 103.179, the next reference will be the monthly pivot R1 103.734. The next target is the weekly pivot R1 104.220. A further reference is the level 104.797. Lower targets are the levels 102.371 and the main monthly pivot 101.913.
Daily levels of support: 102.716, 102.371, 101.913
Daily levels of resistance: 103.734, 104.220, 104.797