Pivot (invalidation): 16.1500
Our preference
Long positions above 16.1500 with targets at 16.5100 & 16.7300 in extension.
Alternative scenario
Below 16.1500 look for further downside with 16.0400 & 15.9400 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
