Pivot
(invalidation):
1.2475
Our preference
Short positions below 1.2475 with targets at 1.2290 & 1.2205 in extension.
Alternative scenario
Above
1.2475 look for further upside with 1.2560 & 1.2620 as targets.
Comment
The RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)
