

0
74
Pivot (invalidation): 112.80
Our preference
Long positions above 112.80 with targets at 113.00 & 113.15 in extension.
Alternative scenario
Below 112.80 look for further downside with 112.65 & 112.50 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)