Pivot (invalidation): 1.1135
Our preference Long positions above 1.1135 with targets at 1.1180 & 1.1205 in extension.
Alternative scenario Below 1.1135 look for further downside with 1.1115 & 1.1100 as targets.
Comment A support base at 1.1135 has formed and has allowed for a temporary stabilisation. The RSI shows that the pair lacks downward momentum.