Pivot (invalidation): 1.1615
Our preference
Long positions above 1.1615 with targets at 1.1665 & 1.1700 in extension.
Alternative scenario
Below 1.1615 look for further downside with 1.1595 & 1.1575 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)