Pivot (invalidation): 111.85
Our preference
Long positions above 111.85 with targets at 112.10 & 112.25 in extension.
Alternative scenario
Below 111.85 look for further downside with 111.65 & 111.50 as targets.
Comment
A support base at 111.85 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
