Pivot (invalidation): 1.1390
Our preference
Short positions below 1.1390 with targets at 1.1350 & 1.1320 in extension.
Alternative scenario
Above 1.1390 look for further upside with 1.1410 & 1.1440 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
