Pivot
(invalidation): 1.2465
Our preference
Long positions above 1.2465 with targets at 1.2525 & 1.2560 in extension.
Alternative scenario
Below 1.2465 look for further downside with 1.2430 & 1.2400 as targets.
Comment
A support base at 1.2465 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)