Pivot
(invalidation): 107.40
Our preference
Short positions below 107.40 with targets at 107.00 & 106.80 in extension.
Alternative scenario
Above 107.40 look for further upside with 107.55 & 107.65 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
