Pivot (invalidation): 16.3100
Our preference
Long positions above 16.3100 with targets at 16.5800 & 16.7200 in extension.
Alternative scenario
Below 16.3100 look for further downside with 16.1500 & 16.0400 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
