Pivot (invalidation): 1.2950
Our preference
Long positions above 1.2950 with targets at 1.3050 & 1.3090 in extension.
Alternative scenario
Below 1.2950 look for further downside with 1.2905 & 1.2855 as targets.
Comment
The break above 1.2950 is a positive signal that has opened a path to 1.3050.
(By Swissquote TRADING CENTRAL)
