Pivot (invalidation): 1.3185

Our preference Short positions below 1.3185 with targets at 1.3135 & 1.3115 in extension.

Alternative scenario Above 1.3185 look for further upside with 1.3220 & 1.3245 as targets.

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Comment Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

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