Pivot (invalidation): 1.2565
Our preference Short positions below 1.2565 with targets at 1.2510 & 1.2485 in extension.
Alternative scenario Above 1.2565 look for further upside with 1.2590 & 1.2620 as targets.
Comment As Long as the resistance at 1.2565 is not surpassed, the risk of the break below 1.2510 remains high.