Pivot
(invalidation): 0.7100
Our preference
Long positions above 0.7100 with targets at 0.7150 & 0.7175 in extension.
Alternative scenario
Below 0.7100 look for further downside with 0.7075 & 0.7050 as targets.
Comment
A support base at 0.7100 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)