Pivot (invalidation): 104.15
Our preference Short positions below 104.15 with targets at 103.80 & 103.65 in extension.
Alternative scenario Above 104.15 look for further upside with 104.30 & 104.45 as targets.
Comment As Long as the resistance at 104.15 is not surpassed, the risk of the break below 103.80 remains high.