Pivot (invalidation): 1.0005
Our preference
Short positions below 1.0005 with targets at 0.9980 & 0.9960 in extension.
Alternative scenario
Above 1.0005 look for further upside with 1.0020 & 1.0035 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
