Pivot (invalidation): 1.2670
Our preference
Short positions below 1.2670 with targets at 1.2645 & 1.2625 in extension.
Alternative scenario
Above 1.2670 look for further upside with 1.2685 & 1.2700 as targets.
Comment
As Long as 1.2670 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
