Pivot (invalidation): 1.2900
Our preference
Short positions below 1.2900 with targets at 1.2840 & 1.2810 in extension.
Alternative scenario
Above 1.2900 look for further upside with 1.2935 & 1.2975 as targets.
Comment
The RSI has broken up its 30 level.
(By Swissquote TRADING CENTRAL)
