Pivot: 109.70
Our preference:
long positions above 109.70 with targets at 110.40 & 110.90 in extension.
Alternative scenario:
below 109.70 look for further downside with 109.25 & 108.80 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
111.30
110.90
110.40
110.14
Last
109.70
109.25
108.80