Pivot (invalidation): 1.2230
Our preference
Short positions below 1.2230 with targets at 1.2150 & 1.2110 in extension.
Alternative scenario
Above 1.2230 look for further upside with 1.2275 & 1.2320 as targets.
Comment
The RSI has broken down its 30 level.
(By Swissquote TRADING CENTRAL)
