Pivot (invalidation): 16.9900
Our preference Short positions below 16.9900 with targets at 16.8700 & 16.8300 in extension.
Alternative scenario Above 16.9900 look for further upside with 17.0400 & 17.1100 as targets.
Comment As Long as 16.9900 is resistance, look for choppy price action with a bearish bias.