Pivot
(invalidation): 1.2400
Our preference
Long positions above 1.2400 with targets at 1.2430 & 1.2450 in extension.
Alternative scenario
Below 1.2400 look for further downside with 1.2380 & 1.2360 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
