Pivot
(invalidation):
16.8000
Our preference
Long positions above 16.8000 with targets at 17.3000 & 17.6000 in extension.
Alternative
scenario
Below 16.8000 look for further downside with 16.5000 & 16.3000 as targets.
Comment
The RSI shows
upside momentum.
(By Swissquote TRADING CENTRAL)