Pivot: 110.60
Our preference:
long positions above 110.60 with targets at 111.70 & 112.10 in extension.
Alternative scenario:
below 110.60 look for further downside with 110.20 & 109.85 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
112.45
112.10
111.70
111.18
Last
110.60
110.20
109.85