Pivot (invalidation): 1.2520
Our preference
Long positions above 1.2520 with targets at 1.2575 & 1.2600 in extension.
Alternative scenario
Below 1.2520 look for further downside with 1.2495 & 1.2460 as targets.
Comment
A support base at 1.2520 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
