Pivot (invalidation): 1.2805
Our preference Short positions below 1.2805 with targets at 1.2780 & 1.2765 in extension.
Alternative scenario Above 1.2805 look for further upside with 1.2820 & 1.2835 as targets.
Comment As Long as 1.2805 is resistance, look for choppy price action with a bearish bias.