Pivot (invalidation): 1.2400
Our preference
Short positions below 1.2400 with targets at 1.2350 & 1.2330 in extension.
Alternative scenario
Above 1.2400 look for further upside with 1.2425 & 1.2445 as targets.
Comment
The RSI has broken down its 30 level.
(By Swissquote TRADING CENTRAL)
