Pivot
(invalidation):
110.05
Our preference
Long positions above 110.05 with targets at 110.35 & 110.50 in extension.
Alternative scenario
Below
110.05 look for further downside with 109.90 & 109.80 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
