Pivot
(invalidation): 1.1810
Our preference
Long positions above 1.1810 with targets at 1.1850 & 1.1870 in extension.
Alternative scenario
Below 1.1810 look for further downside with 1.1790 & 1.1770 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
