Pivot (invalidation): 111.90
Our preference
Long positions above 111.90 with targets at 112.35 & 112.55 in extension.
Alternative scenario
Below 111.90 look for further downside with 111.60 & 111.30 as targets.
Comment
A support base at 111.90 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
