Pivot (invalidation): 110.85
Our preference
Short positions below 110.85 with targets at 110.60 & 110.45 in extension.
Alternative scenario
Above 110.85 look for further upside with 110.95 & 111.10 as targets.
Comment
Intraday technical indicators are mixed and call for caution
(By Swissquote TRADING CENTRAL)
