
Pivot
(invalidation):
107.85
Our preference
Short positions below 107.85 with targets at 107.35 & 107.20 in extension.
Alternative scenario
Above
107.85 look for further upside with 108.00 & 108.15 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)

![[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project [Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project](https://c.mql5.com/6/1012/splash-preview-771691.png)
