Pivot (invalidation): 1.2705
Our preference
Long positions above 1.2705 with targets at 1.2745 & 1.2760 in extension.
Alternative scenario
Below 1.2705 look for further downside with 1.2680 & 1.2655 as targets.
Comment
The break above 1.2705 is a positive signal that has opened a path to 1.2745.
(By Swissquote TRADING CENTRAL)