Pivot
(invalidation):
109.60
Our preference
Short positions below 109.60 with targets at 109.35 & 109.25 in extension.
Alternative scenario
Above
109.60 look for further upside with 109.70 & 109.80 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
