Pivot
(invalidation):
1.2045
Our preference
Long positions above 1.2045 with targets at 1.2190 & 1.2265 in extension.
Alternative scenario
Below
1.2045 look for further downside with 1.1990 & 1.1950 as targets.
Comment
The RSI advocates for further upside
(By Swissquote TRADING CENTRAL)