Pivot (invalidation): 1.2185
Our preference
Short positions below 1.2185 with targets at 1.2120 & 1.2100 in extension.
Alternative scenario
Above 1.2185 look for further upside with 1.2215 & 1.2245 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
