Pivot (invalidation): 1.1305
Our preference
Short positions below 1.1305 with targets at 1.1275 & 1.1260 in extension.
Alternative scenario
Above 1.1305 look for further upside with 1.1320 & 1.1340 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
