Pivot
(invalidation):
1.2790
Our preference
Long positions above 1.2790 with targets at 1.2865 & 1.2890 in extension.
Alternative scenario
Below
1.2790 look for further downside with 1.2760 & 1.2725 as targets.
Comment
The RSI calls for a new upleg.
(By Swissquote TRADING CENTRAL)