Pivot (invalidation): 1.3460
Our preference
Long positions above 1.3460 with targets at 1.3520 & 1.3540 in extension.
Alternative scenario
Below 1.3460 look for further downside with 1.3430 & 1.3410 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited
(By Swissquote TRADING CENTRAL)
