Pivot (invalidation): 1.2760
Our preference Short positions below 1.2760 with targets at 1.2705 & 1.2670 in extension.
Alternative scenario Above 1.2760 look for further upside with 1.2800 & 1.2840 as targets.
Comment A break below 1.2705 would trigger a drop towards 1.2670
![](https://www.actionforex.com/wp-content/uploads/2018/12/2-21-600x392.jpg)