Pivot (invalidation): 108.45
Our preference
Long positions above 108.45 with targets at 108.75 & 109.00 in extension.
Alternative scenario
Below 108.45 look for further downside with 108.25 & 108.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
