Pivot (invalidation): 1.1270
Our preference
Short positions below 1.1270 with targets at 1.1245 & 1.1235 in extension.
Alternative scenario
Above 1.1270 look for further upside with 1.1285 & 1.1300 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
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