Pivot (invalidation): 0.7380
Our preference
Long positions above 0.7380 with targets at 0.7405 & 0.7415 in extension.
Alternative scenario
Below 0.7380 look for further downside with 0.7365 & 0.7350 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
