Pivot
(invalidation):
17.0500
Our preference
Long positions above 17.0500 with targets at 17.1500 & 17.2000 in extension.
Alternative scenario
Below
17.0500 look for further downside with 16.9800 & 16.9300 as targets.
Comment
A support base at 17.0500 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)