Pivot (invalidation): 1.1120
Our preference Long positions above 1.1120 with targets at 1.1155 & 1.1170 in extension.
Alternative scenario Below 1.1120 look for further downside with 1.1105 & 1.1085 as targets.
Comment The RSI is bullish and calls for further upside. The pair remains on the upside after validating a bullish break-out from a bearish channel in place since October 21.