Pivot (invalidation): 1.3185
Our preference
Long positions above 1.3185 with targets at 1.3255 & 1.3290 in extension.
Alternative scenario
Below 1.3185 look for further downside with 1.3125 & 1.3065 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
