Pivot (invalidation): 109.50
Our preference
Short positions below 109.50 with targets at 109.00 & 108.80 in extension.
Alternative scenario
Above 109.50 look for further upside with 109.70 & 109.95 as targets.
Comment
The break below 109.50 is a negative signal that has opened a path to 109.00
(By Swissquote TRADING CENTRAL)
