Pivot
(invalidation):
1.2350
Our preference
Short positions below 1.2350 with targets at 1.2310 & 1.2290 in extension.
Alternative scenario
Above
1.2350 look for further upside with 1.2375 & 1.2400 as targets.
Comment
As Long as the resistance at 1.2350 is not surpassed, the risk of the break below 1.2310
remains high.
(By Swissquote TRADING CENTRAL)
