Pivot (invalidation): 111.55
Our preference Short positions below 111.55 with targets at 111.30 & 111.20 in extension.
Alternative scenario Above 111.55 look for further upside with 111.65 & 111.75 as targets.
Comment As Long as the resistance at 111.55 is not surpassed, the risk of the break below 111.30 remains high.