Pivot (invalidation): 1.2920
Our preference
Long positions above 1.2920 with targets at 1.2975 & 1.3005 in extension.
Alternative scenario
Below 1.2920 look for further downside with 1.2890 & 1.2860 as targets.
Comment
A support base at 1.2920 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
