Pivot point: 1.1395
The expected scenario: Entering long positions at the highest levels of 1.1395, targeting the levels of 1.1540.
Alternative scenario: entering short deals at the lowest levels of 1.1395, targeting the 1.1320 levels.
Comment: The price is trading above the 100-50 moving averages, noting the death crossover, where the 50 average crossed above the 100 average, taking into account the presence of Positive deviation - Liquidity Flow Index, which favors the positive outlook for the pair's trading in the short term.
