Pivot
(invalidation): 1.2630
Our preference
Long positions above 1.2630 with targets at 1.2690 & 1.2720 in extension.
Alternative scenario
Below 1.2630 look for further downside with 1.2605 & 1.2580 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)