Pivot (invalidation): 111.50
Our preference Short positions below 111.50 with targets at 111.10 & 110.85 in extension.
Alternative scenario Above 111.50 look for further upside with 111.75 & 112.00 as targets.
Comment As Long as the resistance at 111.50 is not surpassed, the risk of the break below 111.10 remains high.