Pivot
(invalidation):
11710.00
Our preference
Short positions below 11710.00 with targets at 11585.00 & 11555.00 in extension.
Alternative scenario
Above
11710.00 look for further upside with 11780.00 & 11820.00 as targets.
Comment
As Long as 11710.00 is resistance, look for choppy price action with a bearish bias
(By Swissquote TRADING CENTRAL)