
Pivot (invalidation): 1.1550
Our preference
Short positions below 1.1550 with targets at 1.1510 & 1.1490 in extension.
Alternative scenario
Above 1.1550 look for further upside with 1.1575 & 1.1600 as targets.
Comment
As Long as 1.1550 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)

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