Pivot (invalidation): 1.2615
Our preference
Short positions below 1.2615 with targets at 1.2505 & 1.2465 in extension.
Alternative scenario
Above 1.2615 look for further upside with 1.2660 & 1.2700 as targets.
Comment
As Long as the resistance at 1.2615 is not surpassed, the risk of the break below 1.2505
remains high.
(By Swissquote TRADING CENTRAL)
