0
57
Pivot (invalidation): 110.75
Our preference
Short positions below 110.75 with targets at 110.40 & 110.25 in extension.
Alternative scenario
Above 110.75 look for further upside with 110.90 & 111.05 as targets.
Comment
The RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)