Pivot
(invalidation):
1.2900
Our preference
Short positions below 1.2900 with targets at 1.2860 & 1.2840 in extension.
Alternative scenario
Above
1.2900 look for further upside with 1.2915 & 1.2940 as targets.
Comment
The RSI calls for a new downleg
(By Swissquote TRADING CENTRAL)