Pivot (invalidation): 1.1240
Our preference
Short positions below 1.1240 with targets at 1.1220 & 1.1210 in extension.
Alternative scenario
Above 1.1240 look for further upside with 1.1255 & 1.1265 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.1240
(By Swissquote TRADING CENTRAL)