Pivot (invalidation): 107.05
Our preference
Long positions above 107.05 with targets at 107.70 & 108.10 in extension.
Alternative scenario
Below 107.05 look for further downside with 106.80 & 106.50 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)
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