Pivot
(invalidation):
110.80
Our preference
Short positions below 110.80 with targets at 109.65 & 109.30 in extension.
Alternative scenario
Above
110.80 look for further upside with 111.20 & 111.55 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
