Pivot (invalidation): 110.60
Our preference
Long positions above 110.60 with targets at 110.95 & 111.15 in extension.
Alternative scenario
Below 110.60 look for further downside with 110.45 & 110.25 as targets.
Comment
A support base at 110.60 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
