Pivot (invalidation): 1.0025
Our preference
Long positions above 1.0025 with targets at 1.0055 & 1.0070 in extension.
Alternative scenario
Below 1.0025 look for further downside with 0.9995 & 0.9975 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
