Pivot (invalidation): 16.8900
Our preference
Long positions above 16.8900 with targets at 17.2100 & 17.3200 in extension.
Alternative scenario
Below 16.8900 look for further downside with 16.7800 & 16.6600 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
