Pivot (invalidation): 1.2890
Our preference Short positions below 1.2890 with targets at 1.2800 & 1.2755 in extension.
Alternative scenario Above 1.2890 look for further upside with 1.2945 & 1.2980 as targets.
Comment As Long as 1.2890 is resistance, look for choppy price action with a bearish bias.