Pivot
(invalidation): 1.2900
Our preference
Short positions below 1.2900 with targets at 1.2825 & 1.2800 in extension.
Alternative scenario
Above 1.2900 look for further upside with 1.2920 & 1.2940 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
