0
90
Pivot
(invalidation):
1.0970
Our preference
Long positions above 1.0970 with targets at 1.1000 & 1.1020 in extension.
Alternative scenario
Below
1.0970 look for further downside with 1.0955 & 1.0940 as targets.
Comment
A support base at 1.0970 has formed and has allowed for a temporary stabilisation.