Pivot
(invalidation): 1.3050
Our preference
Short positions below 1.3050 with targets at 1.2980 & 1.2950 in extension.
Alternative scenario
Above 1.3050 look for further upside with 1.3080 & 1.3110 as targets.
Comment
As Long as 1.3050 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
