Pivot
(invalidation): 1.2080
Our preference
Long positions above 1.2080 with targets at 1.2150 & 1.2175 in extension.
Alternative scenario
Below 1.2080 look for further downside with 1.2060 & 1.2040 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)
