Pivot (invalidation): 109.60
Our preference
Short positions below 109.60 with targets at 109.25 & 109.00 in extension.
Alternative scenario
Above 109.60 look for further upside with 109.75 & 109.95 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
