Pivot (invalidation): 111.25
Our preference
Short positions below 111.25 with targets at 110.85 & 110.60 in extension.
Alternative scenario
Above 111.25 look for further upside with 111.45 & 111.65 as targets.
Comment
The upward potential is likely to be limited by the resistance at 111.25.
(By Swissquote TRADING CENTRAL)
