Pivot
(invalidation):
1.3100
Our preference
Short positions below 1.3100 with targets at 1.3065 & 1.3050 in extension.
Alternative scenario
Above
1.3100 look for further upside with 1.3125 & 1.3145 as targets.
Comment
As Long as the resistance at 1.3100 is not surpassed, the risk of the break below 1.3065
remains high. The
pair remains capped by the descending 20-period moving average.
(By Swissquote TRADING CENTRAL)
