Technical analysis
The RSI(14) points to an uptrend while the RSI(3) suggests a potential downwards correction.
The price is in the uptrend Fibonacci fan channel which is advantageous for bulls.
Most likely scenario – BUY
Target prices: 1.16134 1.16189 1.16236
Alternative scenario – SELL
Target prices: 1.16067 1.16028 1.15990
Key levels
Support 1.16067 1.16028 1.15990
Resistance 1.16134 1.16189 1.16236
