Pivot (invalidation): 1.2625
Our preference
Long positions above 1.2625 with targets at 1.2705 & 1.2735 in extension.
Alternative scenario
Below 1.2625 look for further downside with 1.2590 & 1.2555 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
