Pivot
(invalidation): 1.2805
Our preference
Short positions below 1.2805 with targets at 1.2745 & 1.2710 in extension.
Alternative scenario
Above 1.2805 look for further upside with 1.2835 & 1.2875 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
