Pivot (invalidation): 1.2735
Our preference Short positions below 1.2735 with targets at 1.2685 & 1.2665 in extension.
Alternative scenario Above 1.2735 look for further upside with 1.2760 & 1.2785 as targets.
Comment As Long as the resistance at 1.2735 is not surpassed, the risk of the break below 1.2685 remains high.