Pivot
(invalidation): 1.2770
Our preference
Short positions below 1.2770 with targets at 1.2700 & 1.2670 in extension.
Alternative scenario
Above 1.2770 look for further upside with 1.2790 & 1.2810 as targets.
Comment
The RSI is bearish and calls for further decline.
(By Swissquote TRADING CENTRAL)
