Pivot
(invalidation):
1.2805
Our preference
Short positions below 1.2805 with targets at 1.2780 & 1.2765 in extension.
Alternative scenario
Above
1.2805 look for further upside with 1.2820 & 1.2835 as targets.
Comment
As Long as 1.2805 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
