Pivot (invalidation): 110.35
Our preference
Short positions below 110.35 with targets at 109.80 & 109.50 in extension.
Alternative scenario
Above 110.35 look for further upside with 110.55 & 110.75 as targets.
Comment
The RSI has broken down its 30 level.
(By Swissquote TRADING CENTRAL)
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