Pivot (invalidation): 1.2920
Our preference Short positions below 1.2920 with targets at 1.2845 & 1.2820 in extension.
Alternative scenario Above 1.2920 look for further upside with 1.2960 & 1.2985 as targets.
Comment As Long as the resistance at 1.2920 is not surpassed, the risk of the break below 1.2845 remains high