Pivot (invalidation): 1.0000
Our preference
Long positions above 1.0000 with targets at 1.0040 & 1.0070 in extension.
Alternative scenario
Below 1.0000 look for further downside with 0.9970 & 0.9945 as targets.
Comment
A support base at 1.0000 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)
