Pivot (invalidation): 1.2970
Our preference
Short positions below 1.2970 with targets at 1.2890 & 1.2860 in extension.
Alternative scenario
Above 1.2970 look for further upside with 1.2995 & 1.3020 as targets.
Comment
The break below 1.2970 is a negative signal that has opened a path to 1.2890.
(By Swissquote TRADING CENTRAL)
