Pivot (invalidation): 16.5200
Our preference
Short positions below 16.5200 with targets at 16.3100 & 16.2000 in extension.
Alternative scenario
Above 16.5200 look for further upside with 16.6200 & 16.7400 as targets.
Comment
As Long as the resistance at 16.5200 is not surpassed, the risk of the break below 16.3100
remains high.
(By Swissquote TRADING CENTRAL)
