Pivot
(invalidation):
1.2425
Our preference
Short positions below 1.2425 with targets at 1.2255 & 1.2165 in extension.
Alternative scenario
Above
1.2425 look for further upside with 1.2520 & 1.2620 as targets.
Comment
As Long as the resistance at 1.2425 is not surpassed, the
risk of the break below 1.2255
remains high.
(By Swissquote TRADING CENTRAL)
