Pivot (invalidation): 111.75
Our preference
Long positions above 111.75 with targets at 112.10 & 112.35 in extension.
Alternative scenario
Below 111.75 look for further downside with 111.50 & 111.35 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(By Swissquote TRADING CENTRAL)
