Pivot (invalidation): 1.2620
Our preference
Short positions below 1.2620 with targets at 1.2600 & 1.2580 in extension.
Alternative scenario
Above 1.2620 look for further upside with 1.2640 & 1.2660 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2620.
(By Swissquote TRADING CENTRAL)