Pivot (invalidation): 109.80
Our preference
Short positions below 109.80 with targets at 109.40 & 109.15 in extension.
Alternative scenario
Above 109.80 look for further upside with 110.00 & 110.20 as targets.
Comment
As Long as the resistance at 109.80 is not surpassed, the risk of the break below 109.40
remains high.
(By Swissquote TRADING CENTRAL)
