0
56
Pivot (invalidation): 1.3165
Our preference
Short positions below 1.3165 with targets at 1.3090 & 1.3060 in extension.
Alternative scenario
Above 1.3165 look for further upside with 1.3200 & 1.3225 as targets.
Comment
As Long as 1.3165 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)