Pivot
(invalidation):
16.9700
Our preference
Short positions below 16.9700 with targets at 16.8300 & 16.7500 in extension.
Alternative scenario
Above
16.9700 look for further upside with 17.1100 & 17.2200 as targets.
Comment
As Long as 16.9700 is resistance, look for choppy price action with a bearish bia
(By Swissquote TRADING CENTRAL)
