Pivot (invalidation): 1.1475
Our preference
Short positions below 1.1475 with targets at 1.1410 & 1.1390 in extension.
Alternative scenario
Above 1.1475 look for further upside with 1.1495 & 1.1515 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)