Pivot
(invalidation): 106.75
Our preference
Long positions above 106.75 with targets at 107.05 & 107.15 in extension.
Alternative scenario
Below 106.75 look for further downside with 106.55 & 106.40 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
