Pivot (invalidation): 1.2750
Our preference
Short positions below 1.2750 with targets at 1.2695 & 1.2670 in extension.
Alternative scenario
Above 1.2750 look for further upside with 1.2790 & 1.2815 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2750.
(By Swissquote TRADING CENTRAL)