0
70
Pivot (invalidation): 1.2895
Our preference
Long positions above 1.2895 with targets at 1.2950 & 1.2985 in extension.
Alternative scenario
Below 1.2895 look for further downside with 1.2870 & 1.2840 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
