Pivot
(invalidation): 1.3160
Our preference
Long positions above 1.3160 with targets at 1.3225 & 1.3255 in extension.
Alternative scenario
Below 1.3160 look for further downside with 1.3140 & 1.3115 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
