Pivot (invalidation): 1.1150
Our preference
Long positions above 1.1150 with targets at 1.1170 & 1.1180 in extension.
Alternative scenario
Below 1.1150 look for further downside with 1.1140 & 1.1125 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
