Pivot (invalidation): 1.2415
Our preference
Long positions above 1.2415 with targets at 1.2455 & 1.2485 in extension.
Alternative scenario
Below 1.2415 look for further downside with 1.2380 & 1.2340 as targets.
Comment
The RSI advocates for further upside.
(By Swissquote TRADING CENTRAL)