Pivot
(invalidation):
1.2850
Our preference
Short positions below 1.2850 with targets at 1.2800 & 1.2780 in extension.
Alternative scenario
Above
1.2850 look for further upside with 1.2880 & 1.2905 as targets.
Comment
A break below 1.2800 would trigger a drop towards
1.2780.
(By Swissquote TRADING CENTRAL)