As long as the parity remains above 1.1270 from a technical perspective, we expect the general outlook to be positive and declines to provide a buying opportunity. Above, 1.1450 can be monitored as resistance.

Resistance | 1.1450 | 1.1500 | 1.1550 |
Support | 1.1330 | 1.1270 | 1.1200 |