Pivot
(invalidation):
1.2600
Our preference
Short positions below 1.2600 with targets at 1.2525 & 1.2485 in extension.
Alternative scenario
Above
1.2600 look for further upside with 1.2640 & 1.2680 as targets.
Comment
The RSI shows downside momentum.
(By Swissquote TRADING CENTRAL)
