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.
