Pivot (invalidation): 110.90
Our preference
Long positions above 110.90 with targets at 111.25 & 111.55 in extension.
Alternative scenario
Below 110.90 look for further downside with 110.55 & 110.35 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(By Swissquote TRADING CENTRAL)
