Pivot (invalidation): 1.1065
Our preference Long positions above 1.1065 with targets at 1.1085 & 1.1100 in extension.
Alternative scenario Below 1.1065 look for further downside with 1.1050 & 1.1035 as targets.
Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair keeps challenging the overhead resistance at 1.1085.