Pivot
(invalidation):
1.3035
Our preference
Long positions above 1.3035 with targets at 1.3125 & 1.3160 in extension.
Alternative scenario
Below
1.3035 look for further downside with 1.2990 & 1.2945 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
