Pivot
(invalidation): 1.2765
Our preference
Short positions below 1.2765 with targets at 1.2675 & 1.2645 in extension.
Alternative scenario
Above 1.2765 look for further upside with 1.2800 & 1.2825 as targets.
Comment
As Long as 1.2765 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
