Pivot
(invalidation):
1.2930
Our preference
Long positions above 1.2930 with targets at 1.2970 & 1.3000 in extension.
Alternative scenario
Below
1.2930 look for further downside with 1.2900 & 1.2865 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)