Pivot
(invalidation):
1.2580
Our preference
Long positions above 1.2580 with targets at 1.2650 & 1.2690 in extension.
Alternative scenario
Below
1.2580 look for further downside with 1.2545 & 1.2520 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited
(By Swissquote TRADING CENTRAL)
