Pivot (invalidation): 111.25
Our preference
Long positions above 111.25 with targets at 111.60 & 111.75 in extension.
Alternative scenario
Below 111.25 look for further downside with 111.00 & 110.85 as targets.
Comment
A support base at 111.25 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
