Pivot
(invalidation): 106.70
Our preference
Short positions below 106.70 with targets at 106.40 & 106.20 in extension.
Alternative scenario
Above 106.70 look for further upside with 106.85 & 107.05 as targets.
Comment
A break below 106.40 would trigger a drop towards 106.20.
(By Swissquote TRADING CENTRAL)
![[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project](https://c.mql5.com/6/1012/splash-preview-771691.png "[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project")
