Pivot
(invalidation): 1.1275
Our preference
Short positions below 1.1275 with targets at 1.1220 & 1.1190 in extension.
Alternative scenario
Above 1.1275 look for further upside with 1.1300 & 1.1325 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
