Pivot
(invalidation): 1.1700
Our preference
Long positions above 1.1700 with targets at 1.1770 & 1.1795 in extension.
Alternative scenario
Below 1.1700 look for further downside with 1.1665 & 1.1630 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
