Pivot (invalidation): 1.1235
Our preference
Short positions below 1.1235 with targets at 1.1180 & 1.1155 in extension.
Alternative scenario
Above 1.1235 look for further upside with 1.1265 & 1.1285 as targets.
Comment
As Long as 1.1235 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
