Pivot (invalidation): 1.0080
Our preference
Long positions above 1.0080 with targets at 1.0130 & 1.0160 in extension.
Alternative scenario
Below 1.0080 look for further downside with 1.0055 & 1.0030 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
