Pivot (invalidation): 1.2970
Our preference
Long positions above 1.2970 with targets at 1.3030 & 1.3060 in extension.
Alternative scenario
Below 1.2970 look for further downside with 1.2940 & 1.2915 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)