Pivot (invalidation): 1.1525
Our preference
Short positions below 1.1525 with targets at 1.1485 & 1.1460 in extension.
Alternative scenario
Above 1.1525 look for further upside with 1.1545 & 1.1580 as targets.
Comment
The RSI is capped by a declining trend line
(By Swissquote TRADING CENTRAL)