Pivot
(invalidation): 104.15
Our preference
Short positions below 104.15 with targets at 103.65 & 103.50 in extension.
Alternative scenario
Above 104.15 look for further upside with 104.30 & 104.45 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
