Pivot (invalidation): 1.2650
Our preference
Long positions above 1.2650 with targets at 1.2685 & 1.2705 in extension.
Alternative scenario
Below 1.2650 look for further downside with 1.2630 & 1.2610 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
