Pivot (invalidation): 111.45
Our preference
Short positions below 111.45 with targets at 111.00 & 110.85 in extension.
Alternative scenario
Above 111.45 look for further upside with 111.60 & 111.75 as targets.
Comment
As Long as the resistance at 111.45 is not surpassed, the risk of the break below 111.00
remains high.
(By Swissquote TRADING CENTRAL)
