Pivot (invalidation): 1.1240
Our preference
Short positions below 1.1240 with targets at 1.1200 & 1.1185 in extension.
Alternative scenario
Above 1.1240 look for further upside with 1.1265 & 1.1285 as targets.
Comment
As Long as the resistance at 1.1240 is not surpassed, the risk of the break below 1.1200
remains high.
(By Swissquote TRADING CENTRAL)
