Pivot (invalidation): 108.35
Our preference
Long positions above 108.35 with targets at 108.70 & 108.90 in extension.
Alternative scenario
Below 108.35 look for further downside with 108.20 & 108.05 as targets.
Comment
A support base at 108.35 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
