Pivot (invalidation): 1.2950
Our preference
Long positions above 1.2950 with targets at 1.3040 & 1.3080 in extension.
Alternative scenario
Below 1.2950 look for further downside with 1.2890 & 1.2840 as targets.
Comment
A support base at 1.2950 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)
