Pivot (invalidation): 111.50
Our preference
Short positions below 111.50 with targets at 111.20 & 111.05 in extension.
Alternative scenario
Above 111.50 look for further upside with 111.65 & 111.85 as targets.
Comment
A break below 111.20 would trigger a drop towards 111.05
(By Swissquote TRADING CENTRAL)
