Pivot (invalidation): 16.2500
Our preference
Long positions above 16.2500 with targets at 16.5100 & 16.6500 in extension.
Alternative scenario
Below 16.2500 look for further downside with 16.1000 & 15.9800 as targets.
Comment
The RSI shows upside momentum.
(By Swissquote TRADING CENTRAL)
