Pivot
(invalidation): 39.70
Our preference
Long positions above 39.70 with targets at 40.35 & 40.80 in extension.
Alternative scenario
Below 39.70 look for further downside with 39.25 & 38.70 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
