Pivot (invalidation): 111.55
Our preference
Short positions below 111.55 with targets at 111.30 & 111.20 in extension.
Alternative scenario
Above 111.55 look for further upside with 111.65 & 111.75 as targets.
Comment
As Long as the resistance at 111.55 is not surpassed, the risk of the break below 111.30
remains high.
(By Swissquote TRADING CENTRAL)
