Pivot (invalidation): 1.2820
Our preference
Long positions above 1.2820 with targets at 1.2890 & 1.2930 in extension.
Alternative scenario
Below 1.2820 look for further downside with 1.2770 & 1.2730 as targets.
Comment
A support base at 1.2820 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)