Pivot: 117.2
Our preference: long positions above 117.2 with targets @ 118.05 & 118.35 in extension.
Alternative scenario: below 117.2 look for further downside with 116.85 & 116.5 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
118.75 ***
118.35 ***
118.05 ***
117.66 Last
117.2 ***
116.85 **
116.5 **
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