Pivot
(invalidation): 1.2700
Our preference
Long positions above 1.2700 with targets at 1.2765 & 1.2800 in extension.
Alternative scenario
Below 1.2700 look for further downside with 1.2670 & 1.2645 as targets.
Comment
A support base at 1.2700 has formed and has allowed for a temporary stabilisation
(By Swissquote TRADING CENTRAL)
