Pivot
(invalidation):
1.2220
Our preference
Short positions below 1.2220 with targets at 1.2170 & 1.2145 in extension.
Alternative scenario
Above
1.2220 look for further upside with 1.2240 & 1.2270 as targets.
Comment
The RSI calls for a new downleg.
(By Swissquote TRADING CENTRAL)
