Pivot (invalidation): 110.90
Our preference
Long positions above 110.90 with targets at 111.25 & 111.40 in extension.
Alternative scenario
Below 110.90 look for further downside with 110.75 & 110.60 as targets.
Comment
A support base at 110.90 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
