Pivot (invalidation): 110.15
Our preference
Short positions below 110.15 with targets at 109.55 & 109.15 in extension.
Alternative scenario
Above 110.15 look for further upside with 110.50 & 110.85 as targets.
Comment
The index currently faces a challenging resistance area at 110.15.
(By Swissquote TRADING CENTRAL)