Pivot
(invalidation): 40.60
Our preference
Short positions below 40.60 with targets at 39.95 & 39.70 in extension.
Alternative scenario
Above 40.60 look for further upside with 40.80 & 41.15 as targets.
Comment
As Long as 40.60 is resistance, look for choppy price action with a bearish bias
(By Swissquote TRADING CENTRAL)
