Pivot (invalidation): 1.2135
Our preference
Long positions above 1.2135 with targets at 1.2190 & 1.2205 in extension.
Alternative scenario
Below 1.2135 look for further downside with 1.2120 & 1.2100 as targets.
Comment
A support base at 1.2135 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
