Pivot (invalidation): 1.2900
Our preference
Short positions below 1.2900 with targets at 1.2850 & 1.2820 in extension.
Alternative scenario
Above 1.2900 look for further upside with 1.2960 & 1.2990 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2900.
(By Swissquote TRADING CENTRAL)
