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Pivot
(invalidation):
106.20
Our preference
Long positions above 106.20 with targets at 106.45 & 106.65 in extension.
Alternative scenario
Below
106.20 look for further downside with 106.00 & 105.80 as targets.
Comment
A support base at 106.20 has formed and has allowed for
a temporary stabilisation.
(By Swissquote TRADING CENTRAL)