Pivot
(invalidation):
1.2130
Our preference
Short positions below 1.2130 with targets at 1.2070 & 1.2040 in extension.
Alternative scenario
Above
1.2130 look for further upside with 1.2160 & 1.2190 as targets.
Comment
The upward potential is likely to be limited by the
resistance at 1.2130
(By Swissquote TRADING CENTRAL)
