Pivot (invalidation): 6.0340
Our preference
Long positions above 6.0340 with targets at 6.0890 & 6.1110 in extension.
Alternative scenario
Below 6.0340 look for further downside with 5.9900 & 5.9530 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)