Pivot (invalidation): 1.1455
Our preference
Short positions below 1.1455 with targets at 1.1405 & 1.1390 in extension.
Alternative scenario
Above 1.1455 look for further upside with 1.1475 & 1.1500 as targets.
Comment
The RSI is bearish and calls for further downside
(By Swissquote TRADING CENTRAL)