
Pivot (invalidation): 1.2495
Our preference
Long positions above 1.2495 with targets at 1.2540 & 1.2560 in extension.
Alternative scenario
Below 1.2495 look for further downside with 1.2480 & 1.2460 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)

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