Pivot (invalidation): 1.1665
Our preference
Long positions above 1.1665 with targets at 1.1715 & 1.1735 in extension.
Alternative scenario
Below 1.1665 look for further downside with 1.1645 & 1.1610 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)