Pivot (invalidation): 1.2930
Our preference
Long positions above 1.2930 with targets at 1.2975 & 1.3000 in extension.
Alternative scenario
Below 1.2930 look for further downside with 1.2910 & 1.2895 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)