Pivot (invalidation): 1.2860
Long positions above 1.2860 with targets at 1.2900 & 1.2925 in extension.
Below 1.2860 look for further downside with 1.2830 & 1.2800 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be
(By Swissquote TRADING CENTRAL)