0
56
Pivot
(invalidation):
111.75
Our preference
Long positions above 111.75 with targets at 112.20 & 112.40 in extension.
Alternative scenario
Below
111.75 look for further downside with 111.55 & 111.35 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)