Pivot
(invalidation): 39.70
Our preference
Short positions below 39.70 with targets at 38.85 & 38.40 in extension.
Alternative scenario
Above 39.70 look for further upside with 40.05 & 40.30 as targets.
Comment
As Long as the resistance at 39.70 is not surpassed, the risk of the break below 38.85 remains
high.
(By Swissquote TRADING CENTRAL)
