Pivot (invalidation): 1.2960
Our preference
Short positions below 1.2960 with targets at 1.2895 & 1.2870 in extension.
Alternative scenario
Above 1.2960 look for further upside with 1.2990 & 1.3030 as targets.
Comment
As Long as the resistance at 1.2960 is not surpassed, the risk of the break below 1.2895
remains high.
(By Swissquote TRADING CENTRAL)
