Pivot (invalidation): 1.2130
Our preference
Long positions above 1.2130 with targets at 1.2180 & 1.2200 in extension.
Alternative scenario
Below 1.2130 look for further downside with 1.2105 & 1.2090 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
(By Swissquote TRADING CENTRAL)
