Pivot
(invalidation):
16.6400
Our preference
Long positions above 16.6400 with targets at 17.2100 & 17.4000 in extension.
Alternative
scenario
Below 16.6400 look for further downside with 16.3700 & 16.2300 as targets.
Comment
The RSI calls for a
rebound.
(By Swissquote TRADING CENTRAL)