Pivot
(invalidation): 1.2935
Our preference
Short positions below 1.2935 with targets at 1.2860 & 1.2840 in extension.
Alternative scenario
Above 1.2935 look for further upside with 1.2960 & 1.2990 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
