Pivot (invalidation): 110.30
Our preference
Long positions above 110.30 with targets at 110.80 & 111.05 in extension.
Alternative scenario
Below 110.30 look for further downside with 110.05 & 109.85 as targets.
Comment
The break above 110.30 is a positive signal that has opened a path to 110.80.
(By Swissquote TRADING CENTRAL)
