Pivot
(invalidation): 1786.00
Our preference
Long positions above 1786.00 with targets at 1803.00 & 1811.00 in extension.
Alternative scenario
Below 1786.00 look for further downside with 1781.00 & 1775.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited
(By Swissquote TRADING CENTRAL)