Pivot
(invalidation): 1.1425
Our preference
Short positions below 1.1425 with targets at 1.1390 & 1.1360 in extension.
Alternative scenario
Above 1.1425 look for further upside with 1.1450 & 1.1470 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)