Pivot (invalidation): 110.60
Our preference
Short positions below 110.60 with targets at 110.10 & 109.90 in extension.
Alternative scenario
Above 110.60 look for further upside with 110.80 & 110.95 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
