Pivot
(invalidation):
6.1250
Our preference
Long positions above 6.1250 with targets at 6.1630 & 6.1820 in extension.
Alternative scenario
Below
6.1250 look for further downside with 6.0890 & 6.0640 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited
(By Swissquote TRADING CENTRAL)