Pivot
(invalidation): 108.70
Our preference
Long positions above 108.70 with targets at 109.10 & 109.30 in extension.
Alternative scenario
Below 108.70 look for further downside with 108.45 & 108.25 as targets.
Comment
A support base at 108.70 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
