0
51
Pivot (invalidation): 110.50
Our preference
Short positions below 110.50 with targets at 110.00 & 109.70 in extension.
Alternative scenario
Above 110.50 look for further upside with 110.70 & 110.95 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)