Pivot (invalidation): 1.0010
Our preference
Long positions above 1.0010 with targets at 1.0030 & 1.0045 in extension.
Alternative scenario
Below 1.0010 look for further downside with 0.9995 & 0.9980 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
