Pivot (invalidation): 1.2890
Our preference
Short positions below 1.2890 with targets at 1.2850 & 1.2820 in extension.
Alternative scenario
Above 1.2890 look for further upside with 1.2935 & 1.2970 as targets.
Comment
A break below 1.2850 would trigger a drop towards 1.2820.
(By Swissquote TRADING CENTRAL)