Under pressure.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 110.25
Our preference
Short positions below 110.25 with targets at 109.70 & 109.50 in extension.
Alternative scenario
Above 110.25 look for further upside with 110.55 & 110.75 as targets.
Comment
As Long as 110.25 is resistance, look for choppy price action with a bearish bias.
