Pivot (invalidation): 109.70
Our preference
Long positions above 109.70 with targets at 110.05 & 110.35 in extension.
Alternative scenario
Below 109.70 look for further downside with 109.55 & 109.40 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
