Pivot (invalidation): 1.1250
Our preference Short positions below 1.1250 with targets at 1.1220 & 1.1200 in extension.
Alternative scenario Above 1.1250 look for further upside with 1.1265 & 1.1275 as targets.
Comment As Long as the resistance at 1.1250 is not surpassed, the risk of the break below 1.1220 remains high.