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46
Pivot (invalidation): 1.1180
Our preference
Short positions below 1.1180 with targets at 1.1140 & 1.1120 in extension.
Alternative scenario
Above 1.1180 look for further upside with 1.1200 & 1.1220 as targets.
Comment
As Long as 1.1180 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)