Pivot (invalidation): 1.2775
Our preference
Short positions below 1.2775 with targets at 1.2720 & 1.2695 in extension.
Alternative scenario
Above 1.2775 look for further upside with 1.2820 & 1.2860 as targets.
Comment
A break below 1.2720 would trigger a drop towards 1.2695.
(By Swissquote TRADING CENTRAL)