Pivot
(invalidation): 40.65
Our preference
Short positions below 40.65 with targets at 39.75 & 39.00 in extension.
Alternative scenario
Above 40.65 look for further upside with 41.20 & 41.65 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
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