Pivot
(invalidation): 0.7240
Our preference
Short positions below 0.7240 with targets at 0.7170 & 0.7150 in extension.
Alternative scenario
Above 0.7240 look for further upside with 0.7260 & 0.7290 as targets.
Comment
The immediate trend remains down and the momentum is strong.
(By Swissquote TRADING CENTRAL)