Pivot
(invalidation): 1.3125
Our preference
Short positions below 1.3125 with targets at 1.3070 & 1.3045 in extension.
Alternative scenario
Above 1.3125 look for further upside with 1.3160 & 1.3190 as targets.
Comment
As Long as 1.3125 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
