Pivot (invalidation): 1.2990

Our preference Short positions below 1.2990 with targets at 1.2940 & 1.2900 in extension.

Alternative scenario Above 1.2990 look for further upside with 1.3015 & 1.3040 as targets.

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Comment A break below 1.2940 would trigger a drop towards 1.2900.

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