Pivot
(invalidation): 45.55
Our preference
Short positions below 45.55 with targets at 44.40 & 44.00 in extension.
Alternative scenario
Above 45.55 look for further upside with 46.25 & 46.55 as targets.
Comment
As Long as 45.55 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
