Pivot: 1.2735
Our preference: Short positions below 1.2735 with targets @ 1.264 1.258 in extension.
Alternative scenario: Above 1.2735 look for further upside with 1.2795 1.2835 as targets.
Comment: As long as 1.2735 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2835
1.2795
1.2735
1.2708 Last
1.264
1.258
1.254
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