Pivot (invalidation): 112.90
Our preference
Long positions above 112.90 with targets at 113.40 & 113.65 in extension.
Alternative scenario
Below 112.90 look for further downside with 112.65 & 112.50 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
