Pivot
(invalidation):
1.0960
Our preference
Long positions above 1.0960 with targets at 1.1000 & 1.1020 in extension.
Alternative scenario
Below
1.0960 look for further downside with 1.0935 & 1.0915 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
