Pivot (invalidation): 1.2775
Our preference Short positions below 1.2775 with targets at 1.2740 & 1.2720 in extension.
Alternative scenario Above 1.2775 look for further upside with 1.2795 & 1.2815 as targets.
Comment As Long as the resistance at 1.2775 is not surpassed, the risk of the break below 1.2740 remains high.