Pivot (invalidation): 111.20
Our preference
Short positions below 111.20 with targets at 110.85 & 110.70 in extension.
Alternative scenario
Above 111.20 look for further upside with 111.45 & 111.60 as targets.
Comment
A break below 110.85 would trigger a drop towards 110.70.
(By Swissquote TRADING CENTRAL)
