Pivot (invalidation): 16.9700
Our preference Short positions below 16.9700 with targets at 16.8300 & 16.7500 in extension.
Alternative scenario Above 16.9700 look for further upside with 17.1100 & 17.2200 as targets.
Comment As Long as 16.9700 is resistance, look for choppy price action with a bearish bias.