Pivot
(invalidation):
1.2480
Our preference
Short positions below 1.2480 with targets at 1.2420 & 1.2390 in extension.
Alternative scenario
Above
1.2480 look for further upside with 1.2515 & 1.2545 as targets.
Comment
As Long as the resistance at 1.2480 is not surpassed, the
risk of the break below 1.2420
remains high.
(By Swissquote TRADING CENTRAL)
