Pivot: 1.272
Our preference: Long positions above 1.272 with targets @ 1.2765 1.281 in extension.
Alternative scenario: Below 1.272 look for further downside with 1.269 1.265 as targets.
Comment: A support base at 1.272 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.286 *
1.281 **
1.2765 **
1.2732 Last
1.272 **
1.269 **
1.265 **
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