Pivot
(invalidation):
16.8400
Our preference
Long positions above 16.8400 with targets at 17.2200 & 17.3700 in extension.
Alternative
scenario
Below 16.8400 look for further downside with 16.6800 & 16.5400 as targets.
Comment
The RSI calls for a
rebound.
(By Swissquote TRADING CENTRAL)