0
59
Pivot (invalidation): 110.70
Our preference
Long positions above 110.70 with targets at 111.15 & 111.45 in extension.
Alternative scenario
Below 110.70 look for further downside with 110.40 & 110.15 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)