Pivot (invalidation): 1.3165
Our preference
Short positions below 1.3165 with targets at 1.3105 & 1.3065 in extension.
Alternative scenario
Above 1.3165 look for further upside with 1.3200 & 1.3230 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
