Pivot (invalidation): 111.70
Our preference
Short positions below 111.70 with targets at 111.45 & 111.35 in extension.
Alternative scenario
Above 111.70 look for further upside with 111.85 & 112.00 as targets.
Comment
As Long as the resistance at 111.70 is not surpassed, the risk of the break below 111.45
remains high.
(By Swissquote TRADING CENTRAL)
