Pivot (invalidation): 109.70
Our preference
Long positions above 109.70 with targets at 110.05 & 110.30 in extension.
Alternative scenario
Below 109.70 look for further downside with 109.50 & 109.35 as targets.
Comment
The break above 109.70 is a positive signal that has opened a path to 110.05.
(By Swissquote TRADING CENTRAL)
