0
57
Pivot (invalidation): 111.75
Our preference
Short positions below 111.75 with targets at 111.40 & 111.20 in extension.
Alternative scenario
Above 111.75 look for further upside with 111.90 & 112.05 as targets.
Comment
The RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)