Pivot (invalidation): 1.2455
Our preference
Short positions below 1.2455 with targets at 1.2415 & 1.2400 in extension.
Alternative scenario
Above 1.2455 look for further upside with 1.2480 & 1.2500 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
