Pivot
(invalidation): 1.2625
Our preference
Short positions below 1.2625 with targets at 1.2560 & 1.2540 in extension.
Alternative scenario
Above 1.2625 look for further upside with 1.2650 & 1.2670 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
