Pivot (invalidation): 1.2960
Our preference
Short positions below 1.2960 with targets at 1.2900 & 1.2875 in extension.
Alternative scenario
Above 1.2960 look for further upside with 1.2975 & 1.2995 as targets.
Comment
The RSI advocates for further downside.
(By Swissquote TRADING CENTRAL)
