Pivot (invalidation): 1.3105
Our preference
Long positions above 1.3105 with targets at 1.3175 & 1.3195 in extension.
Alternative scenario
Below 1.3105 look for further downside with 1.3080 & 1.3045 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
