Pivot (invalidation): 1.2700
Our preference
Short positions below 1.2700 with targets at 1.2670 & 1.2655 in extension.
Alternative scenario
Above 1.2700 look for further upside with 1.2725 & 1.2745 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
