Pivot (invalidation): 112.45
Our preference
Short positions below 112.45 with targets at 112.20 & 112.00 in extension.
Alternative scenario
Above 112.45 look for further upside with 112.65 & 112.85 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
