Pivot (invalidation): 1.2155
Our preference
Short positions below 1.2155 with targets at 1.2080 & 1.2035 in extension.
Alternative scenario
Above 1.2155 look for further upside with 1.2205 & 1.2250 as targets.
Comment
The RSI shows downside momentum.
(By Swissquote TRADING CENTRAL)
