Pivot
(invalidation):
106.40
Our preference
Long positions above 106.40 with targets at 107.60 & 108.00 in extension.
Alternative scenario
Below
106.40 look for further downside with 105.80 & 105.10 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
