Pivot
(invalidation): 47.05
Our preference
Long positions above 47.05 with targets at 47.75 & 48.30 in extension.
Alternative scenario
Below 47.05 look for further downside with 46.55 & 46.10 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
