Pivot
(invalidation):
109.20
Our preference
Short positions below 109.20 with targets at 108.90 & 108.75 in extension.
Alternative scenario
Above
109.20 look for further upside with 109.35 & 109.50 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
