The pair has not been able to maintain the highest level of 1.1350 to fluctuate around it for the rest of trading yesterday and morning trading of the day … It is better to remain neutral until the breach of the above level and stability above to confirm the possibility of rising towards the resistance 1.1405 as the first target and then 1.1460 as a second goal at least.
A decline and a return to trade below 1.1290 could return the downside potential to be the next targets around 1.1220 as the first target, which could push the price directly to support around 1.1105 as the second target.
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