Pivot (invalidation): 1.1405
Our preference
Short positions below 1.1405 with targets at 1.1370 & 1.1350 in extension.
Alternative scenario
Above 1.1405 look for further upside with 1.1430 & 1.1455 as targets.
Comment
As Long as 1.1405 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
