Pivot (invalidation): 0.9920
Our preference
Long positions above 0.9920 with targets at 0.9950 & 0.9975 in extension.
Alternative scenario
Below 0.9920 look for further downside with 0.9900 & 0.9880 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
