Pivot (invalidation): 0.7400
Our preference
Long positions above 0.7400 with targets at 0.7440 & 0.7455 in extension.
Alternative scenario
Below 0.7400 look for further downside with 0.7375 & 0.7350 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
