Pivot (invalidation): 110.00
Our preference
Long positions above 110.00 with targets at 110.30 & 110.55 in extension.
Alternative scenario
Below 110.00 look for further downside with 109.75 & 109.55 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
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