
Pivot (invalidation): 1.1530
Our preference
Long positions above 1.1530 with targets at 1.1595 & 1.1620 in extension.
Alternative scenario
Below 1.1530 look for further downside with 1.1505 & 1.1485 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)

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