Pivot (invalidation): 16.0700
Our preference
Short positions below 16.0700 with targets at 15.8400 & 15.7700 in extension.
Alternative scenario
Above 16.0700 look for further upside with 16.1900 & 16.3000 as targets.
Comment
The RSI advocates for further downside.
(By Swissquote TRADING CENTRAL)
