Pivot (invalidation): 1.1675
Our preference Short positions below 1.1675 with targets at 1.1635 & 1.1615 in extension.
Alternative scenario Above 1.1675 look for further upside with 1.1700 & 1.1725 as targets.
Comment As Long as the resistance at 1.1675 is not surpassed, the risk of the break below 1.1635 remains high.