ISE FX Swiss Franc ST: continuation of the rebound.

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R3 : 122.5
R2 : 119.05
R1 : 117
L : 114.92
P: 111.8
S1 : 111.8
S2 : 108.4
S3 : 105

Update on supports and resistances.
Pivot: 111.8
Our preference: Long positions above 111.8 with targets @ 117 & 119.05 in extension.
Alternative scenario: Below 111.8 look for further downside with 108.4 & 105 as targets.
Comment: the pair should rebound on its bullish channel lower boundary.
122.5119.05117114.92 (last)111.8108.4105

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