Pivot
(invalidation): 1.2570
Our preference
Short positions below 1.2570 with targets at 1.2525 & 1.2495 in extension.
Alternative scenario
Above 1.2570 look for further upside with 1.2605 & 1.2635 as targets.
Comment
The RSI has broken down its 30 level.
(By Swissquote TRADING CENTRAL)