Pivot (invalidation): 1.3385
Our preference
Long positions above 1.3385 with targets at 1.3425 & 1.3450 in extension.
Alternative scenario
Below 1.3385 look for further downside with 1.3350 & 1.3320 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
