Pivot (invalidation): 1.2480
Our preference
Short positions below 1.2480 with targets at 1.2440 & 1.2420 in extension.
Alternative scenario
Above 1.2480 look for further upside with 1.2500 & 1.2520 as targets.
Comment
The RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)
