Pivot (invalidation): 1.2685
Our preference
Short positions below 1.2685 with targets at 1.2660 & 1.2640 in extension.
Alternative scenario
Above 1.2685 look for further upside with 1.2705 & 1.2725 as targets.
Comment
A break below 1.2660 would trigger a drop towards 1.2640
(By Swissquote TRADING CENTRAL)