Pivot
(invalidation):
1.1145
Our preference
Short positions below 1.1145 with targets at 1.1100 & 1.1085 in extension.
Alternative scenario
Above
1.1145 look for further upside with 1.1160 & 1.1180 as targets.
Comment
The RSI is bearish and calls for further downside. The pair is locked within a bearish channel.
(By Swissquote TRADING CENTRAL)
