Pivot
(invalidation):
1.2920
Our preference
Short positions below 1.2920 with targets at 1.2870 & 1.2845 in extension.
Alternative scenario
Above
1.2920 look for further upside with 1.2955 & 1.2980 as targets.
Comment
As Long as 1.2920 is resistance, look for choppy price
action with a bearish bias.
(By Swissquote TRADING CENTRAL)
