Pivot (invalidation): 111.95

Our preference Short positions below 111.95 with targets at 111.75 & 111.65 in extension.

Alternative scenario Above 111.95 look for further upside with 112.05 & 112.15 as targets.

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Comment As Long as the resistance at 111.95 is not surpassed, the risk of the break below 111.75 remains high.

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