Pivot
(invalidation): 17.1700
Our preference
Short positions below 17.1700 with targets at 16.7900 & 16.6600 in
extension.
Alternative scenario
Above 17.1700 look for further upside with 17.3100 & 17.4800 as targets.
Comment
As
Long as 17.1700 is resistance, look for choppy price action with a bearish bias
(By Swissquote TRADING CENTRAL)
