0
66
Pivot (invalidation): 112.85
Our preference
Long positions above 112.85 with targets at 113.20 & 113.40 in extension.
Alternative scenario
Below 112.85 look for further downside with 112.65 & 112.30 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)