Our preference: short position below 1,2895 with targets at 1,2855 & 1,2825 in extension.
Alternative scenario: in excess of 1,2895, aim for a continuation of the rise with 1,2920 & 1,2945 in line of sight.
Comment: the immediate trend is declining and is showing a strong dynamic.
Alternative scenario: in excess of 1,2895, aim for a continuation of the rise with 1,2920 & 1,2945 in line of sight.
Comment: the immediate trend is declining and is showing a strong dynamic.