0
60
Pivot (invalidation): 112.35
Our preference
Long positions above 112.35 with targets at 112.75 & 113.00 in extension.
Alternative scenario
Below 112.35 look for further downside with 112.15 & 111.95 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)