Pivot
(invalidation):
106.50
Our preference
Short positions below 106.50 with targets at 106.15 & 106.00 in extension.
Alternative scenario
Above
106.50 look for further upside with 106.65 & 106.75 as targets.
Comment
As Long as 106.50 is resistance, look for choppy price
action with a bearish bias.
(By Swissquote TRADING CENTRAL)
