Pivot
(invalidation): 40.30
Our preference
Short positions below 40.30 with targets at 39.45 & 39.10 in extension.
Alternative scenario
Above 40.30 look for further upside with 40.85 & 41.30 as targets.
Comment
As Long as 40.30 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
