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: 1.16713 1.16865 1.16996
Alternative scenario – SELL
Target prices: 1.16543 1.16396 1.169236
Key levels
Support 1.16543 1.16396 1.169236
Resistance 1.16713 1.16865 1.16996
