The price could retrace.
Our pivot point is at 1.1594.
Our preference: as long as 1.1594 is support look for 1.1692
Alternative scenario: below 1.1594, expect 1.1563 and 1.1544.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.1628 and 1.1617).
Supports and resistances:
1.1730 **
1.1711 *
1.1692 **
1.1674
1.1634 last
1.1606
1.1594 **