
Pivot
(invalidation): 106.20
Our preference
Short positions below 106.20 with targets at 105.45 & 105.10 in extension.
Alternative scenario
Above 106.20 look for further upside with 106.50 & 106.75 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)