Pivot
(invalidation):
107.70
Our preference
Long positions above 107.70 with targets at 108.25 & 108.50 in extension.
Alternative scenario
Below
107.70 look for further downside with 107.40 & 107.00 as targets.
Comment
A support base at 107.70 has formed and has allowed for
a temporary stabilisation.
(By Swissquote TRADING CENTRAL)