0
48
Pivot (invalidation): 1.2925
Our preference
Long positions above 1.2925 with targets at 1.2975 & 1.3000 in extension.
Alternative scenario
Below 1.2925 look for further downside with 1.2895 & 1.2855 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)