Pivot (invalidation): 1.3050
Our preference
Short positions below 1.3050 with targets at 1.3000 & 1.2980 in extension.
Alternative scenario
Above 1.3050 look for further upside with 1.3070 & 1.3095 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
