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.