Pivot
(invalidation): 104.90
Our preference
Long positions above 104.90 with targets at 105.25 & 105.45 in extension.
Alternative scenario
Below 104.90 look for further downside with 104.65 & 104.40 as targets.
Comment
A support base at 104.90 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
