Our pivot (invalidation) point stands at 1.1614.
Our preference rebound towards 1.1648.
Alternative scenario The downside breakout of 1.1614 would call for 1.1602 and 1.1595.
Comment The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.1626 and 1.1634).
