Pivot (invalidation): 109.40
Our preference
Long positions above 109.40 with targets at 109.75 & 110.00 in extension.
Alternative scenario
Below 109.40 look for further downside with 109.15 & 108.95 as targets.
Comment
A support base at 109.40 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)
