Pivot (invalidation): 1.2995
Our preference Short positions below 1.2995 with targets at 1.2920 & 1.2890 in extension.
Alternative scenario Above 1.2995 look for further upside with 1.3035 & 1.3065 as targets.
Comment As Long as the resistance at 1.2995 is not surpassed, the risk of the break below 1.2920 remains high.