
Pivot (invalidation): 1.2430
Our preference
Short positions below 1.2430 with targets at 1.2395 & 1.2370 in extension.
Alternative scenario
Above 1.2430 look for further upside with 1.2450 & 1.2470 as targets.
Comment
Technically the RSI is below its neutrality area at 50.
(By Swissquote TRADING CENTRAL)

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