Pivot
(invalidation): 7.2650
Our preference
Long positions above 7.2650 with targets at 7.3650 & 7.4000 in extension.
Alternative scenario
Below 7.2650 look for further downside with 7.2220 & 7.1750 as targets.
Comment
A support base at 7.2650 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)