Pivot
(invalidation):
1.2310
Our preference
Short positions below 1.2310 with targets at 1.2265 & 1.2235 in extension.
Alternative scenario
Above
1.2310 look for further upside with 1.2340 & 1.2360 as targets.
Comment
As Long as the resistance at 1.2310 is not surpassed, the risk of the break below 1.2265
remains high.
(By Swissquote TRADING CENTRAL)
