Pivot (invalidation): 0.9890
Our preference
Long positions above 0.9890 with targets at 0.9915 & 0.9930 in extension.
Alternative scenario
Below 0.9890 look for further downside with 0.9870 & 0.9850 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
