Pivot
(invalidation):
1703.00
Our preference
Long positions above 1703.00 with targets at 1731.00 & 1745.00 in extension.
Alternative
scenario
Below 1703.00 look for further downside with 1694.00 & 1681.00 as targets.
Comment
Even though a
continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
