

0
96
Pivot (invalidation): 1.2970
Our preference
Short positions below 1.2970 with targets at 1.2900 & 1.2860 in extension.
Alternative scenario
Above 1.2970 look for further upside with 1.3000 & 1.3030 as targets.
Comment
The RSI is bearish and calls for further decline.
By Swissquote TRADING CENTRAL)