Pivot (invalidation): 111.25
Our preference
Long positions above 111.25 with targets at 112.00 & 112.25 in extension.
Alternative scenario
Below 111.25 look for further downside with 111.05 & 110.80 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
