Pivot
(invalidation):
110.75
Our preference
Short positions below 110.75 with targets at 109.70 & 109.20 in extension.
Alternative scenario
Above
110.75 look for further upside with 111.35 & 111.90 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
