Pivot
(invalidation):
17.1200
Our preference
Short positions below 17.1200 with targets at 16.9300 & 16.8300 in extension.
Alternative scenario
Above
17.1200 look for further upside with 17.2000 & 17.2900 as targets.
Comment
As Long as 17.1200 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
