Pivot
(invalidation):
1.2980
Our preference
Long positions above 1.2980 with targets at 1.3020 & 1.3045 in extension.
Alternative scenario
Below
1.2980 look for further downside with 1.2960 & 1.2940 as targets.
Comment
A support base at 1.2980 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)