Pivot
(invalidation): 107.50
Our preference
Short positions below 107.50 with targets at 107.20 & 107.05 in extension.
Alternative scenario
Above 107.50 look for further upside with 107.65 & 107.80 as targets.
Comment
As Long as 107.50 is resistance, look for choppy price action with a bearish bias
(By Swissquote TRADING CENTRAL)
