Our preference: short position below 1.2795 with targets at 1.2740 & 1.2710 in extension.
Alternative scenario: in excess of 1.2795, aim for a continuation of the increase with 1.2835 & 1.2860 in the line of sight.
Comment: as long as 1.2795 is not exceeded the risk of a depression of 1.2740 is important.
Alternative scenario: in excess of 1.2795, aim for a continuation of the increase with 1.2835 & 1.2860 in the line of sight.
Comment: as long as 1.2795 is not exceeded the risk of a depression of 1.2740 is important.