Pivot
(invalidation): 1.2255
Our preference
Long positions above 1.2255 with targets at 1.2300 & 1.2320 in extension.
Alternative scenario
Below 1.2255 look for further downside with 1.2235 & 1.2220 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
