Pivot
(invalidation):
1.2470
Our preference
Long positions above 1.2470 with targets at 1.2540 & 1.2570 in extension.
Alternative scenario
Below
1.2470 look for further downside with 1.2440 & 1.2405 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)
