Pivot (invalidation): 1.2560
Our preference
Long positions above 1.2560 with targets at 1.2605 & 1.2635 in extension.
Alternative scenario
Below 1.2560 look for further downside with 1.2530 & 1.2515 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)