Pivot (invalidation): 109.90
Our preference
Long positions above 109.90 with targets at 110.25 & 110.50 in extension.
Alternative scenario
Below 109.90 look for further downside with 109.70 & 109.40 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(By Swissquote TRADING CENTRAL)
