Pivot
(invalidation):
1.2245
Our preference
Short positions below 1.2245 with targets at 1.2195 & 1.2155 in extension.
Alternative scenario
Above
1.2245 look for further upside with 1.2265 & 1.2290 as targets.
Comment
The RSI lacks upward momentum
(By Swissquote TRADING CENTRAL).
