Pivot (invalidation): 111.95
Our preference
Short positions below 111.95 with targets at 111.65 & 111.50 in extension.
Alternative scenario
Above 111.95 look for further upside with 112.05 & 112.15 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time](https://c.mql5.com/6/1005/splash-preview-770124.jpg "[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time")
