Pivot (invalidation): 1.2940
Our preference
Short positions below 1.2940 with targets at 1.2865 & 1.2840 in extension.
Alternative scenario
Above 1.2940 look for further upside with 1.2960 & 1.2980 as targets.
Comment
The RSI advocates for further decline.
(By Swissquote TRADING CENTRAL)
