Pivot
(invalidation):
1.2355
Our preference
Long positions above 1.2355 with targets at 1.2440 & 1.2480 in extension.
Alternative scenario
Below
1.2355 look for further downside with 1.2295 & 1.2240 as targets.
Comment
A support base at 1.2355 has formed and has allowed for
a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
