Pivot (invalidation): 110.55
Our preference
Short positions below 110.55 with targets at 110.25 & 110.10 in extension.
Alternative scenario
Above 110.55 look for further upside with 110.80 & 111.10 as targets.
Comment
The upward potential is likely to be limited by the resistance at 110.55.
(By Swissquote TRADING CENTRAL)
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