Pivot (invalidation): 1.1480
Our preference
Short positions below 1.1480 with targets at 1.1410 & 1.1385 in extension.
Alternative scenario
Above 1.1480 look for further upside with 1.1500 & 1.1520 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
