Pivot
(invalidation):
1.1045
Our preference
Short positions below 1.1045 with targets at 1.1020 & 1.1000 in extension.
Alternative scenario
Above
1.1045 look for further upside with 1.1060 & 1.1075 as targets.
Comment
A break below 1.1020 would trigger a drop towards 1.1000. The pair remains capped by a
bearish trend line
drawn from last Friday.
(By Swissquote TRADING CENTRAL)
