Pivot (invalidation): 1.2710
Our preference
Short positions below 1.2710 with targets at 1.2665 & 1.2640 in extension.
Alternative scenario
Above 1.2710 look for further upside with 1.2740 & 1.2765 as targets.
Comment
The break below 1.2710 is a negative signal that has opened a path to 1.2665.
(By Swissquote TRADING CENTRAL)