Pivot
(invalidation): 1.1700
Our preference
Short positions below 1.1700 with targets at 1.1600 & 1.1580 in extension.
Alternative scenario
Above 1.1700 look for further upside with 1.1730 & 1.1770 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
