Pivot: 1.2750
Our preference:
long positions above 1.2750 with targets at 1.2785 & 1.2820 in extension.
Alternative scenario:
below 1.2750 look for further downside with 1.2720 & 1.2700 as targets.
Comment:
a support base at 1.2750 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2860 **
1.2820 **
1.2785 **
1.2765
Last
1.2750 ***
1.2720 **
1.2700 *