Pivot
(invalidation): 1.2820
Our preference
Short positions below 1.2820 with targets at 1.2780 & 1.2765 in extension.
Alternative scenario
Above 1.2820 look for further upside with 1.2835 & 1.2850 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)