Pivot
(invalidation): 1.1875
Our preference
Short positions below 1.1875 with targets at 1.1840 & 1.1825 in extension.
Alternative scenario
Above 1.1875 look for further upside with 1.1895 & 1.1910 as targets.
Comment
As Long as 1.1875 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
