Pivot
(invalidation): 107.10
Our preference
Long positions above 107.10 with targets at 107.40 & 107.50 in extension.
Alternative scenario
Below 107.10 look for further downside with 107.00 & 106.85 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
