0
56
Pivot (invalidation): 109.70
Our preference
Short positions below 109.70 with targets at 109.15 & 109.00 in extension.
Alternative scenario
Above 109.70 look for further upside with 109.90 & 110.05 as targets.
Comment
As Long as 109.70 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)