Pivot (invalidation): 108.00
Our preference
Long positions above 108.00 with targets at 108.30 & 108.50 in extension.
Alternative scenario
Below 108.00 look for further downside with 107.80 & 107.60 as targets.
Comment
A support base at 108.00 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
