Pivot
(invalidation):
111.05
Our preference
Short positions below 111.05 with targets at 110.40 & 110.05 in extension.
Alternative scenario
Above
111.05 look for further upside with 111.40 & 111.70 as targets.
Comment
As Long as the resistance at 111.05 is not surpassed, the
risk of the break below 110.40
remains high.
(By Swissquote TRADING CENTRAL)
