Pivot (invalidation): 111.05
Our preference
Short positions below 111.05 with targets at 110.85 & 110.65 in extension.
Alternative scenario
Above 111.05 look for further upside with 111.20 & 111.35 as targets.
Comment
A break below 110.85 would trigger a drop towards 110.65.
By Swissquote TRADING CENTRAL)
