Pivot
(invalidation): 1.2605
Our preference
Short positions below 1.2605 with targets at 1.2515 & 1.2475 in extension.
Alternative scenario
Above 1.2605 look for further upside with 1.2645 & 1.2675 as targets.
Comment
As Long as 1.2605 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
