Pivot (invalidation): 1.1120
Our preference
Long positions above 1.1120 with targets at 1.1140 & 1.1150 in extension.
Alternative scenario
Below 1.1120 look for further downside with 1.1110 & 1.1100 as targets.
Comment
A support base at 1.1120 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
