Pivot
(invalidation): 0.9490
Our preference
Long positions above 0.9490 with targets at 0.9525 & 0.9540 in extension.
Alternative scenario
Below 0.9490 look for further downside with 0.9475 & 0.9455 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
