Pivot (invalidation): 1.2735
Our preference
Short positions below 1.2735 with targets at 1.2670 & 1.2640 in extension.
Alternative scenario
Above 1.2735 look for further upside with 1.2780 & 1.2820 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
