Pivot (invalidation): 1.2705
Our preference
Short positions below 1.2705 with targets at 1.2685 & 1.2665 in extension.
Alternative scenario
Above 1.2705 look for further upside with 1.2725 & 1.2745 as targets.
Comment
As Long as the resistance at 1.2705 is not surpassed, the risk of the break below 1.2685
remains high.
(By Swissquote TRADING CENTRAL)
