Pivot (invalidation): 1.1105
Our preference
Long positions above 1.1105 with targets at 1.1135 & 1.1160 in extension.
Alternative scenario
Below 1.1105 look for further downside with 1.1090 & 1.1070 as targets.
Comment
A support base at 1.1105 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
