Pivot (invalidation): 1.3025
Our preference
Long positions above 1.3025 with targets at 1.3095 & 1.3130 in extension.
Alternative scenario
Below 1.3025 look for further downside with 1.2975 & 1.2940 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
