Pivot (invalidation): 1.2920
Our preference Short positions below 1.2920 with targets at 1.2870 & 1.2845 in extension.
Alternative scenario Above 1.2920 look for further upside with 1.2955 & 1.2980 as targets.
Comment As Long as 1.2920 is resistance, look for choppy price action with a bearish bias