EUR/USD intraday: the downside prevails

Pivot: 1.2675
Our preference: Short positions below 1.2675 with targets @ 1.256 & 1.2525 in extension.
Alternative scenario: Above 1.2675 look for further upside with 1.2725 & 1.28 as targets.
Comments: the pair is rebounding on its support but remains within a MT wide bearish channel, the RSI lacks upward momentum.