Pivot
(invalidation): 1.2150
Our preference
Short positions below 1.2150 with targets at 1.2080 & 1.2060 in extension.
Alternative scenario
Above 1.2150 look for further upside with 1.2175 & 1.2200 as targets.
Comment
As Long as the resistance at 1.2150 is not surpassed, the risk of the break below 1.2080
remains high.
(By Swissquote TRADING CENTRAL)
