Short positions below 1.1530 with targets at 1.1470 & 1.1450 in extension.
Pivot: 1.1530
Our preference: short positions below 1.1530 with targets at 1.1470 & 1.1450 in extension.
Alternative scenario: above 1.1530 look for further upside with 1.1560 & 1.1590 as targets.
Comment: the index currently faces a challenging resistance area at 1.1530.
Supports and resistances:
1.1590
1.1560
1.1530
1.1502 Last
1.1470
1.1450
1.1420