Pivot (invalidation): 111.25
Our preference
Short positions below 111.25 with targets at 111.00 & 110.80 in extension.
Alternative scenario
Above 111.25 look for further upside with 111.40 & 111.55 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(By Swissquote TRADING CENTRAL)
