Pivot (invalidation): 1.1770
Our preference
Short positions below 1.1770 with targets at 1.1720 & 1.1700 in extension.
Alternative scenario
Above 1.1770 look for further upside with 1.1790 & 1.1805 as targets.
Comment
The RSI is capped by a declining trend line.
(By Swissquote TRADING CENTRAL)
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