Pivot (invalidation): 1.3040
Our preference Long positions above 1.3040 with targets at 1.3120 & 1.3150 in extension.
Alternative scenario Below 1.3040 look for further downside with 1.3015 & 1.2975 as targets.
Comment The break above 1.3040 is a positive signal that has opened a path to 1.3120.
![](https://www.actionforex.com/wp-content/uploads/2019/01/2-75-600x392.jpg)