Pivot
(invalidation): 107.55
Our preference
Short positions below 107.55 with targets at 106.85 & 106.55 in extension.
Alternative scenario
Above 107.55 look for further upside with 107.85 & 108.20 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)