Pivot (invalidation): 111.40
Our preference
Long positions above 111.40 with targets at 111.65 & 111.75 in extension.
Alternative scenario
Below 111.40 look for further downside with 111.25 & 111.05 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(By Swissquote TRADING CENTRAL)
