Pivot
(invalidation):
1.2500
Our preference
Short positions below 1.2500 with targets at 1.2425 & 1.2385 in extension.
Alternative scenario
Above
1.2500 look for further upside with 1.2545 & 1.2575 as targets.
Comment
As Long as the resistance at 1.2500 is not surpassed, the
risk of the break below 1.2425
remains high.
(By Swissquote TRADING CENTRAL)
