Pivot (invalidation): 1.2645
Our preference
Long positions above 1.2645 with targets at 1.2680 & 1.2700 in extension.
Alternative scenario
Below 1.2645 look for further downside with 1.2625 & 1.2605 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
