Pivot (invalidation): 1.2530
Our preference
Short positions below 1.2530 with targets at 1.2500 & 1.2480 in extension.
Alternative scenario
Above 1.2530 look for further upside with 1.2540 & 1.2560 as targets.
Comment
A break below 1.2500 would trigger a drop towards 1.2480.
(By Swissquote TRADING CENTRAL)
