The pair continues to ebb and flow. From a technical perspective, as long as it remains above 1.12, we expect the outlook to be positive and declines to provide a buying opportunity. Above, the 1.1420/1.15 band can be monitored as resistance.

Resistance | 1.1370 | 1.1420 | 1.1450 |
Support | 1.1280 | 1.1250 | 1.1200 |