Pivot (invalidation): 1.1380
Our preference
Short positions below 1.1380 with targets at 1.1340 & 1.1315 in extension.
Alternative scenario
Above 1.1380 look for further upside with 1.1400 & 1.1420 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
