Pivot
(invalidation):
1.4080
Our preference
Short positions below 1.4080 with targets at 1.4005 & 1.3970 in extension.
Alternative scenario
Above
1.4080 look for further upside with 1.4110 & 1.4140 as targets.
Comment
As Long as 1.4080 is resistance, look for choppy price
action with a bearish bias.
(By Swissquote TRADING CENTRAL)