Pivot (invalidation): 1.2985
Our preference
Long positions above 1.2985 with targets at 1.3020 & 1.3040 in extension.
Alternative scenario
Below 1.2985 look for further downside with 1.2965 & 1.2945 as targets.
Comment
A support base at 1.2985 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)
