Pivot (invalidation): 1.1290
Our preference
Long positions above 1.1290 with targets at 1.1315 & 1.1325 in extension.
Alternative scenario
Below 1.1290 look for further downside with 1.1275 & 1.1260 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
