0
56
Pivot
(invalidation):
1.2720
Our preference
Long positions above 1.2720 with targets at 1.2800 & 1.2850 in extension.
Alternative scenario
Below
1.2720 look for further downside with 1.2670 & 1.2620 as targets.
Comment
A support base at 1.2720 has formed and has allowed for a temporary stabilisation. The pair is
holding well
above the key 1.2700 level.
