0
58
Bullish bias above 73.50.
(By Swissquote TRADING CENTRAL)
Pivot (invalidation): 73.50
Our preference
Long positions above 73.50 with targets at 74.25 & 74.75 in extension.
Alternative scenario
Below 73.50 look for further downside with 73.10 & 72.70 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.