Our preference: sales position below 110.95 with targets at 109.80 & 109.45 in extension.
Alternative scenario: in excess of 110.95, aim for a continuation of the rise with 111.30 & 111.70 in line of sight.
Comment: The RSI is limited by a bearish trend line.
Alternative scenario: in excess of 110.95, aim for a continuation of the rise with 111.30 & 111.70 in line of sight.
Comment: The RSI is limited by a bearish trend line.