Pivot
(invalidation): 1.1780
Our preference
Long positions above 1.1780 with targets at 1.1820 & 1.1860 in extension.
Alternative scenario
Below 1.1780 look for further downside with 1.1750 & 1.1720 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)